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    214 Main St Ruma, IL 62278

    Sponsored
    For Sale
    $750,000

    Turn-key operation, charming atmosphere

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional, fully renovated turn-key wine bar and restaurant is situated at 214 Main St, Ruma, IL, a mere five miles south of Red Bud. The property boasts a charming, rustic ambiance, featuring exposed brick walls in the dining and bar areas, creating a relaxed and inviting atmosphere. A unique architectural detail includes impressive pulley and belt ceiling fans. The sale includes all commercial equipment, furniture, and fixtures, ensuring a seamless transition for the new owner. The establishment benefits from ample parking, with spaces available both in front of and behind the building, supplemented by a nearby public parking area. The outdoor patio provides additional seating and a pleasant space for patrons to enjoy food and drinks. The building sits on a 0.28-acre lot and is offered at $750,000. This presents a rare opportunity to acquire an established and successful business in a desirable location. The property's turn-key nature minimizes the start-up challenges, allowing for immediate operation and revenue generation. The combination of a well-established business, charming atmosphere, and convenient location makes this a highly attractive investment opportunity. The building itself is a renovated turn-of-the-century structure, blending historical charm with modern amenities.

    Property Features for 214 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    12,197 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Spa & Massage Building Supply Clothing Store Auto Repair Shop Auto Parts Store Bar & Pub Garden Center Nursing Home Assisted Living Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ruma
    County
    Randolph-IL
    State
    Illinois
    Longitude
    -89.99779
    Latitude
    38.13486

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    FAQs

    What type of property is this?
    Commercial real estate - Turn-key operation, charming atmosphere
    Where is this commercial real estate located?
    The property is located at 214 Main St Ruma, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    991-6092
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    214 Main St Ruma, IL 62278
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    Ruma, IL 62278
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    214 Main St Ruma, IL 62278
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