Courtnee Tomlinson
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
This exceptional 12,000 sq. ft. turnkey banquet facility is available for sale, situated on 2.54 acres with ample parking and easy access to East Main Street (US HWY 150). The sale includes all essential furniture, fixtures, and equipment necessary for immediate operation, including commercial kitchen equipment, tables, chairs, a full security system, and state-of-the-art sound and video systems. This modern metal building features a covered drive-up entry, large parking lot, and large electronic monument signage. Inside, the facility boasts a well-appointed commercial kitchen, two contemporary bars, four spacious restrooms, an ample storage area, spacious office, and a bridal room. Designed for flexibility, the space can accommodate multiple functions simultaneously. Additionally, the property's expansive footprint and acreage offer significant potential for a variety of new uses, making it a valuable opportunity for future business owners or investors. Minimum 24 hour noticed required to show.
Property Highlights
Property Type: Commercial - Retail
Year Built: 1993
Lot Size: 2.54 acres
General Information
County: Knox
Listed By:
NAI Ruhl Commercial Company
563-355-4000
MRED MLS
MLS ID: QC4255938
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571 E North Street, Galesburg, IL 61401.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $349,000 | $349,000 | $349,000 |
| Down Payment | $69,800 | $12,215 | $87,250 |
| Monthly Mortgage Amount | $1,629 | $2,000 | $2,121 |
| Taxes | $486 | $486 | $486 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $153 | $0 |
| Monthly Estimated Total | $2,217 | $2,741 | $2,709 |
About this area
About Galesburg
Galesburg, IL—home of the Railroad Days Festival and known for its rich American history—is a leisurely town with a population of about 29,000 (2024). The town integrates the celebration of its history into its future with its family-friendly festivals and historical gatherings. Events like the annual Railroad Days show reverence for the community’s past and a dedication to its continued vibrance. Many of the buildings in Galesburg are both on the historic registry and are currently in use. Galesburg has a thriving downtown area with unique restaurants and plenty of historic places to visit. The town also has cultivated a vibrant arts scene resulting in a bustling downtown.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Galesburg, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Burlington, IA
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776
Courtnee Tomlinson
REALTOR®
Cell: (563) 529-2012
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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