For Sale
$175,000

1075 Henderson St Galesburg, IL 61401

Prime Galesburg location, 3200+ sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
132
This Galesburg, Illinois property, located at 1075 N Henderson Street, presents a unique investment opportunity. The 3,200+ square foot building previously housed a well-known restaurant and bar, offering ample space for a variety of commercial ventures. The sizable kitchen includes a walk-in cooler and freezer, perfect for food service operations. A beautiful bar and ample seating are already in place. The property boasts excellent visibility on a busy main road with an average daily traffic count of 14,500 vehicles, surrounded by established businesses like McDonald's, KFC, and Walgreens. An oversized parking lot provides convenient parking for over 40 vehicles. The B-1 zoning allows for diverse uses, including but not limited to a candy store, coffee shop, flower shop, bakery, catering service, or a new restaurant concept. A detailed list of permitted businesses is available upon request. The asking price is $175,000. The seller also offers a package deal including the adjacent property at 1055 N Henderson Street for a discounted price of $350,000. This presents a significant opportunity for investors seeking a high-traffic location in a thriving commercial area. The property is situated in Knox County, Illinois, zip code 61401.

Highlights

  • $175,000 asking price for 1075 N Henderson Street, Galesburg, IL.
  • 3,200+ SF restaurant/bar space with ample seating, large kitchen, walk-in cooler/freezer, and bar.
  • High-visibility location on busy road (14,500 ADT) near McDonald's, KFC, and Walgreens.
  • 40+ parking spaces.
  • B-1 zoning allows for various uses (restaurant, retail, etc.); seller prefers package deal with 1055 N Henderson St. for $350,000.

Property Details for 1075 Henderson St

Property type
Retail properties, Restaurants

Location Insight

City
Galesburg
County
Knox
State
Illinois
Latitude
40.9601724
Longitude
-90.3829464

FAQs

What type of property is this?
Retail property - Prime Galesburg location, 3200+ sq ft.
Where is the retail property located?
The property is located at 1075 Henderson St Galesburg, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: $175,000 asking price for 1075 N Henderson Street, Galesburg, IL.; 3,200+ SF restaurant/bar space with ample seating, large kitchen, walk-in cooler/freezer, and bar.; High-visibility location on busy road (14,500 ADT) near McDonald's, KFC, and Walgreens.
How can I contact the broker?
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1075 Henderson St
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