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

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.