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Downtown Paxton

 

 

 

 Commercial Property & Business Opportunity

130 S. Market St, Paxton, IL


This downtown Paxton property is a well-located mixed-use building featuring an established commercial space and an upper-level residential unit. The property is owned and managed by Madzio LLC and is not currently being offered for sale.


Main Level (Commercial Space)


The lower level is home to The Uptown Tavern of Paxton, a functioning bar located in a high-visibility area with consistent local traffic.


  • Prime downtown location 
  • Established bar environment 
  • Fully built-out commercial space 
  • Strong visibility and accessibility 


Upper Level (Residential Unit)


The second floor features an apartment currently under renovation.

  • Separate residential unit 


Business Opportunity Available (Not the Real Estate)


The operating business, The Uptown Tavern of Paxton, is available for purchase through Elm Street Ventures LLC.

Important: This offering is for the business only. The real estate is not for sale.

This is a turnkey opportunity for a new owner to acquire an existing bar operation, including licenses, equipment, and customer base.


Flexible Ownership Options


The buyer of Elm Street Ventures LLC will have multiple options:

Option 1: Continue Operations at Current Location
Lease the space from Madzio LLC and operate the business as-is in this established downtown location.

Option 2: Relocate the Business
Purchase the business assets, liquor license, and video gaming operations and transfer them to a different approved location (subject to local licensing and regulatory requirements).

This flexibility allows the buyer to either step into an existing setup or adapt the business to a new market or concept.


Included in the Business Sale


  • Liquor license 
  • Licensed video gaming operations 
  • Bar equipment and setup 
  • Established customer base 
  • Operational business structure 


Highlights


  • Business-only purchase opportunity (real estate not included) 
  • Option to lease current location or relocate 
  • Liquor license and gaming operations included 
  • Turnkey bar setup 
  • Prime downtown presence (if retained) 
  • Additional upside with upstairs residential unit (if leasing) 
  • Property professionally managed by Madzio LLC 


Inquiries


For more information about the business opportunity, relocation options, or leasing details, please contact us directly.

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