Commercial Kitchen

Palestine, IL Commercial Kitchens for Sale

Notify Me
List
Map
Merom, IN Robinson, IL Hutsonville, IL Carlisle, IN Sullivan, IN Oblong, IL Annapolis, IL Shelburn, IN
Turnkey Dual-Building Restaurant
Updated: May 24
Turnkey Dual-Building Restaurant

118 S Main St, Palestine, IL 62451

$99,900
1,862 sqft 0.08 AC lot
Turnkey dual‑building restaurant accommodating around 75 guests
Pizza setup includes a pizza oven and pizza sheeter
Hot line kitchen: flat top grill, newer exhaust hood, deep fryers, double oven, cold prep table
Front of house features a new bar with seating plus salad bar, hot bar, and newer ice machine
Out back storage shed with 3 stand up freezers included
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Palestine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turn-Key Restaurant with Commercial Kitchen
Turn-Key Restaurant with Commercial Kitchen

1414 Bundy Lane, Bedford, IN 47421

$649,900
0.99 AC lot

For sale restaurant property on Hwy 37 with a complete commercial kitchen, party rooms, and ample guest parking.

View details
Commercial Kitchen Building with Brand-New Roof
Commercial Kitchen Building with Brand-New Roof

Mount Carmel, IL 62863

Contact for pricing

Solid brick, one-level commercial building with a brand-new roof and an on-site commercial kitchen for a new operation.

View details
Wedding Venue Building With Commercial Kitchen
Wedding Venue Building With Commercial Kitchen

726 N Market Street, Mount Carmel, IL 62863

$175,000
0.28 AC lot

Brick wedding venue building with a commercial kitchen and multi-level event space, including a walk-in-ready second floor.

View details
Zoned B-2 Restaurant Bar Building
Zoned B-2 Restaurant Bar Building

1313 J Street, Bedford, IN 47421

Contact for pricing

A 13,000-square-foot B-2 building with bar, two kitchens, multiple restrooms, and two main entrances with paved parking.

View details

Palestine, IL Commercial Kitchens Market Trends and Statistics

Explore 1 commercial kitchens for sale in Palestine, IL on our real estate platform. These investment opportunities span a total of 1,862 square feet of properties for sale, with an estimated market value of $99,900.

Sale prices for industrial kitchens in Palestine, IL average $99,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Coffee shops 1
Commercial kitchens 1

Demographics Overview

Population 1,955
Population Growth (5Y) -4.2%
Median Household Income $60,991
College Educated 20.1%

High-Yield Neighborhoods for Investment

Identify Palestine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62451 $99.9K

Taxes & Financing

Tax Rate (average for all types) 7.25%
Tax Rate vs County Average 1.07 pp above county avg
Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings