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Turnkey Restaurant on Historic Main

118 S Main St Palestine, IL 62451

118 S Main St, Palestine, IL, 62451
Contact for pricing
For Sale
Contact for pricing

Turnkey restaurant opportunity in Palestine, Illinois, ready for new owner.

Days on Market60

Property Features for 118 S Main St

General Information

Standard status
Active
Property subtype
Office

Building Details

Year Built
1900
Listing agency Aldrich Realty
Listed by Michelle Aldrich · License #471002817
Source Crexi
Added: May 24 Updated: Jul 10 at 1:42PM Checked: Jul 21 at 8:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aldrich Realty


Investment Insights

Based on property information with market context.

This is a turnkey restaurant opportunity located on historic Main Street in Palestine, Illinois. The property consists of two combined buildings that can accommodate approximately 75 guests. The existing equipment supports various culinary concepts, including pizza, burgers, breakfast, and baking. Equipment includes a pizza oven and pizza sheeter, a flat top grill with a newer exhaust hood, deep fryers, a double oven, a newer cold prep table, six refrigerators, and five freezers. The front of the house features a new bar with seating, tables, chairs, a register, a salad bar, a hot bar, and a newer ice machine. There is also an additional storage shed with three stand-up freezers located out back. This property is priced to sell.

Key Highlights

  • Great Location on Major Hwy
  • Rustic and Ready
  • Various types of businesses

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

HOME PLATE Restaurant

Suggested Use

Building Supply Auto Repair Shop Pharmacy Grocery & Convenience Store Locksmith Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service Catering Service

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant opportunity in Palestine, Illinois, ready for new owner.
Where is this conventional restaurant located?
The property is located at 118 S Main St Palestine, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses
Contact an agent
(618) 592-3118 Call to check price and availability
More about this property
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