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Come see the unique opportunity to run this turn key bar/tavern in downtown Mt Olive. This bar is fully operational and includes all the necessary equipment to start your own future as an entrepreneur. Coolers, Liquor and all bar equipment included. Gaming must be set up independently but can be a great source of revenue. Inside find lots of room in main bar area, a back area for pool or other activities. Outside come out to a covered outdoor entertainment area large enough for bands, bag tournaments or enclose it for all seasons. Parking available front and back. Come out and see this great business opportunity!

Highlights

  • Commercial Sale
  • 0.108 Acre Lot
  • 77 days on Market

  • Construction Materials
    Brick, Block

  • Acres
    0.108

  • County
    Macoupin
  • City
    Mount Olive
  • Neighborhood
    J R Mitchell Heirs Add
  • Zip Code
    62069

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Frequently Asked Questions

How do I schedule a tour of 208 E Main St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 208 E Main St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 208 E Main St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $199,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Mount Olive, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 208 E Main St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 208 E Main St at around $1,271. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 208 E Main St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Macoupin County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 208 E Main St?

In most cases, yes. Whether 208 E Main St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Mount Olive's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 208 E Main St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Mount Olive and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

208 E Main St was listed on August 25, 2026, which means it's been on the market for 77 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

208 E Main St sits on a 0.11-acre lot, which is 4,792 square feet.

What are the property taxes for 208 E Main St?

The most recent public record shows annual property taxes for 208 E Main St were approximately $1,668. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 208 E Main St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 01:12AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 26054441