For Sale
$499,000

571 North St Galesburg, IL 61401

12,000 sq ft Banquet Facility, 2.54 Acres

Overview

Added:
Feb 3
Days on market:
79
This exceptional turnkey commercial property, located at 571 E North Street in Galesburg, Illinois, presents a unique investment opportunity. The 12,000 square foot building sits on a spacious 2.54-acre lot, providing ample parking and convenient access to East Main Street (US Hwy 150). Currently configured as a banquet facility, the property is fully equipped for immediate operation. All furniture, fixtures, and equipment are included in the sale price of $499,000. This comprehensive inventory encompasses a fully functional commercial kitchen, two modern bars, four restrooms, a substantial storage area, a dedicated office, and a bridal suite. The building itself is a modern metal structure featuring a covered drive-up entry, a large parking area, and prominent electronic monument signage. The interior layout is designed for versatility, allowing for simultaneous events or adaptable configurations to suit diverse business needs. The expansive space and acreage offer significant potential for future development and repurposing, making this a highly attractive proposition for entrepreneurs and investors alike. A minimum 24-hour notice is required for property showings.

Property Details for 571 North St

Property type
Commercial real estate
Square Feet
12,000 SF
Year Built
1993
Lot Size (sq. ft)
110,642 SF

Location Insight

City
Galesburg
County
Knox
State
Illinois
Latitude
40.95186
Longitude
-90.36095

FAQs

What type of property is this?
Commercial real estate - 12,000 sq ft Banquet Facility, 2.54 Acres
Where is the commercial real estate located?
The property is located at 571 North St Galesburg, IL.
What is the asking price?
The asking price for this property is $499,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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571 North St
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