Well Known And Established Yellow Rose Saloon In Lomax
New
Media
Summary
Property
- Type
- Commercial Land
- Road Frontage
- County Road, State Highway
- Road Surface
- Pavement, Blacktop/Asphalt
- Outbuildings
- Garage
Approximate Distances
| 6 mi | to Dallas City |
| 12 mi | to LaHarpe |
| 12 mi | to Burlington, IA |
| 35 mi | to Monmouth |
| 35 mi | to Macomb |
| 35 mi | to Keokuk, IA |
Utilities
| Electric: | Onsite |
| Water: | Onsite |
| Sewer: | Onsite |
| Gas: | Onsite |
| Internet: | Onsite |
Housing
Home
3BD / 2BA 1280± sqft Built in 1992
Features/Improvements
- Seller's Mineral Rights Convey
Description
Here is an excellent opportunity to purchase an investment or owner/operator property that is well-known, established, full of inventory, and with experienced waitstaff ready to help! Welcome to the Yellow Rose Saloon in Lomax, Illinois! The Yellow Rose has been one of the staple gathering places for years, with the current owner operating the establishment for 18 years! The property sits conveniently on a corner lot along a well-traveled state highway and offers a full bar, restaurant, dining room, gaming machines, outdoor seating area, large outdoor stage, mobile home, and plenty of FUN! The new owner will be ready to operate the saloon right away, with the seller leaving all the inventory and equipment in place at the time of closing and experienced employees willing to stay in place to continue uninterrupted service to its patrons! The property also comes with a 3 bedroom, 2 bathroom mobile home for the new owner to live on-site or rent for an additional income. Additional income sources for the property include gaming machines and the opportunity to host outdoor events and bands under the roof at the outdoor stage. Additional items include a walk-in cooler, a walk-in freezer, restaurant/bar equipment, a large storage room/garage, TVs, a popcorn maker, arcades, a dartboard machine, and much more! Contact listing agent Brent Reneau today for additional information, or to schedule your showing with our very motivated sellers!
Details
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Well known and established saloon with great exposure/traffic
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Property will transfer with current inventory and equipment
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Established daily menu & happy hour drink specials
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Frequently visited by repeat patrons for cold drinks and delicious food specials
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3 bedroom, 2 bathroom mobile home on site (approx 1280 Sq Ft w/fenced back yard)
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Gaming machines offer another solid revenue source
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30'X40' outdoor stage
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14.5'X32' storage building
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24'X24' attached cold storage that could serve as garage
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Carport, and numerous outdoor picnic tables
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Detailed security and camera system in office
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Very motivated sellers-Priced well below assessed value
Other
Coordinates
40.6818, -91.0708
Annual Taxes
$6,655
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the seller, broker, and Whitetail Properties Real Estate, LLC.
