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Iconic Pizza Pub Downtown Mount Prospect, IL - Space For Lease!

Mount Prospect, Illinois
Iconic Pizza Pub Downtown Mount Prospect, IL - Space For Lease!
Asking Price:$10,000
Monthly Rent: $4,000
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 1968
Status: New Listing

Contact Details

Contact Name: Ted Aretos

Contact Email: sales@eatz-associates.com

Contact Phone: 815-761-8334

Contact Fax: 847-620-2934

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Business Description

Excellent opportunity to lease a fully equipped pizza pub in an ideal suburban downtown location.

Beautiful interior boasts warm woods, exposed brick, a gorgeous stone accent wall with a huge draft beer system, 1 large wrap around bar, another smaller bar, plus room for lots of seating and a place to add video gaming machines. Kitchen includes hood, double deck pizza ovens, 6-burner stove, 2 walk-in coolers and much more. Also features upgraded electrical and bathrooms. And has a partial basement for storage.

Bring your concept here! This is an incredible opportunity to hit the ground running!!

Feel free to stop by the location first. This is a highly confidentially listing. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: Cook

Location: Prime corner retail space in the heart of downtown Mount Prospect, a sought-after northwest suburb. Perfectly situated just off busy Busse Ave (Main St) and Northwest Highway (Route 14) both with high traffic counts. Near the metra station and bus stop. Also close to many popular restaurants and bars including Station 34, Central Continental Bakery, Le Peep Café, Submarine Express and so much more. Surrounded by a dense suburban downtown residential and commercial area. Abundant free on-street parking and nearby public parking lots.

Facilities: Leased space $4,000/mth gross. New lease for 3-5 years with options. Real estate taxes $4.00 sqft. Lease Expiration Date: 1/31/2025. Square Feet: 3,000. Seating: 210 . Days/Hrs of Operation: To Be Determined By New Owner.

Competition: Rare availability for an end-cap retail space with great visibility, signage, easy access and parking. Ideal busy downtown suburban location. Sought after downtown Mount Prospect!

Growth and Expansion: The very popular "Ye Olde Town Inn" occupied this space for almost 5 decades! 46+ successful years at this location as a thriving pizza pub. A real gem. Local favorite spot. Neighborhood joint. A staple in the community. Had lots of regulars for generations. A spot everyone has come to love over the years. Huge population of residents in the surrounding high & mid-rise condos, apartments, townhouses, row homes and homes all within walking distance! There’s also the opportunity to add video gaming now and continue to grow along with this amazing downtown!

Seller Financing: No

Reasons For Selling: Landlord Looking To Lease Fully-Equipped Space

Value Of FF&E: Included In Asking Price

 

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