51 N Prairie St, Galesburg, IL, 61401

51 N Prairie St Galesburg, IL 61401

51 N Prairie St, Galesburg, IL, 61401
51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401 51 N Prairie St, Galesburg, IL, 61401
FOR SALE
Property Type:
Restaurant
Amount:
$269,900
Last Verified:
Oct 03, 2024

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Description

Turn key luxury Bar/Restaurant right in the middle of Galesburg!
Amazing buildout including a second story mezzanine and a band platform for entertaining guests/customers.
Full lower level includes Speakeasy Style Bar and fabulous Commercial Grade Kitchen.
Purchase includes all FF&E.
Newer roof, updated Plumbing and Electric, newer HVAC - no deferred Maintenance!
Ample Parking in the City owned lot adjacent to this parcel – with no parking lot maintenance expenses for this property!
Located within the Enterprise Zone, TIF District, SSA, Galesburg Historical District and HUBZone.

WAIK SUB LT 2

Building Size: 5622sq ft
Lot Size: 0.06 acres


Documents

51 Prairie St Brochure_8.9.24.pdf

Map of 51 N Prairie St, Galesburg, IL, 61401

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.