571 NORTH Galesburg IL 61401

$ 580,000.00
  • Property ID: 339463
  • Date added: 08/16/23
  • OriginalListPrice: 650000
  • Post Updated: 2024-05-27 03:16:03
  • Type:
  • Status:
  • Lot size: 110642 sq ft
  • MLS #: RMACA1024127
  • RMA_Exemptions: None
  • RMA_WaterCompany: Galesburg

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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.

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Location Details

  • County: Knox
  • Directions to Property: From E. Main Street turn north on Chambers Street and then east on North Street. Proceed to 571 on the north side of the road.
  • Zoning: B-1

Property Details

  • BuildingAreaTotal: 12000
  • BuildingName: Cedar Creek Hall
  • Cooling: Central Air
  • Levels: One, Multi-Tenant, Single Tenant
  • # of Buildings: 1

Property Features

  • MlgCanView: 1
  • ParkingTotal: 130
  • HEATING: Forced Air, Gas
  • FRONTAGE/ACCESS: City Street
  • FLOORING: Concrete
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: City Water/Connected
  • ADDITIONAL AMENITIES: Galesburg

Fees & Taxes

  • Tax Year: 2022
  • TaxAnnualAmount: 7243.5

Miscellaneous

  • PROPERTY USE: Day Care Facility/Nursery, Warehouse, Flex Space, Freestanding Building, Neighborhood Center, Office, Office Showroom, Mini-Storage, Bar/Tavern, Investment, Other, Restaurant, Retail
  • Net Operating Income: -7244

Courtesy of

  • Office Name: RE/MAX Preferred Properties

This style property is located in Galesburg is currently and has been listed on Rhoades Real Estate. This property is listed at $ 580,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

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