Skip To Content

571 E North Street

Galesburg, IL 61401
  • $580,000
  • STATUS: Active
  • ON SITE: 251 Days
  • ID#: CA1024127
$580,000
  • 0
    BEDS
  • 2.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1993
County:

School Ratings & Info

Description

Turn Key Business with Your Special Event Venue and Banquet Facility complete with 12,000 Sq. Ft. building, real estate, paved parking, fully equipped commercial kitchen, fixtures, plus inventory to continue operating this successful business. Property is situated on 2.54 acres offering quality metal constructed building consisting of a covered drive up entry, entry vestibule, two fully functional bars, four restrooms, storage, security system, sound and video equipment all designed with venue options for weddings equipped with Bridal room, anniversary parties, class reunions, conference center, business seminars, trivia night, etc Building also arranged to accommodate several functions at the same time. Well maintained building and nice business model with current tenant/restaurant, plus advanced venue bookings.

Monthly Payment Calculator



© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-04-22T11:19:33.417.
www.kathygarst.com/homes/142483070
Print Image

571 E North Street Galesburg, IL 61401

  • Price: $580,000
  • Status: Active
  • On Site: 251 Days
  • ID#: CA1024127
0
Beds
0
Baths
0
½ Baths
2.54
Acres
1993
Built
Neighborhood:
Galesburg Northeast
County:
Knox
Area:
Galesburg Northeast
Property Description
Turn Key Business with Your Special Event Venue and Banquet Facility complete with 12,000 Sq. Ft. building, real estate, paved parking, fully equipped commercial kitchen, fixtures, plus inventory to continue operating this successful business. Property is situated on 2.54 acres offering quality metal constructed building consisting of a covered drive up entry, entry vestibule, two fully functional bars, four restrooms, storage, security system, sound and video equipment all designed with venue options for weddings equipped with Bridal room, anniversary parties, class reunions, conference center, business seminars, trivia night, etc Building also arranged to accommodate several functions at the same time. Well maintained building and nice business model with current tenant/restaurant, plus advanced venue bookings.
Exterior Features

Construction Materials Steel SidingSteel/ST Fram Parking Total 130 Roof Metal

Interior Features

Building Area Total 12000 Cooling Central Air Flooring Concrete Heating Forced AirGas

Property Features

100 Year Flood Plain No Agent Owned No Building Name Cedar Creek Hall Exemptions None Financing Cash OnlyConventional Foreclosure YN No Frontage Type City Street Irregular Lot YN Yes Levels OneMulti-TenantSingle Tenant Lot Size Dimensions 2.54 Acres Net Operating Income -7244 Possible Use Day Care Facility/NurseryWarehouseFlex SpaceFreestanding BuildingNeighborhood CenterOfficeOffice ShowroomMini-StorageBar/TavernInvestmentOtherRestaurantRetail Security System YN Yes Sewer Public Sewer Sprinkler YN Yes Tax Annual Amount 7243.5 Tax Incentive1 None Tax Legal Description FULL LEGAL DESCRIPTION IN AGENCY REMARKS Tax Year 2022 Type Commercial Underground Storage Tank YN No Water Source City Water/Connected Zoning B-1

Listing provided courtesy of Thomas Knapp of RE/MAX Preferred Properties: Offc: 309-344-5444.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-04-22T11:19:33.417.
 
https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1024127-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1024127-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1024127-1.jpg
Logo
Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711