Current Use by Public Records
- Cedar Creek East / Bar & Pub
- Cedar Creek Hall - Event Venue and Reception Hall / Event Planning / Wedding Service
Property Details for 571 North St
- Year built
- 1993
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional Galesburg, Illinois commercial property presents a unique investment opportunity. Priced at $499,000, this 12,000 square foot turnkey banquet facility is situated on a 2.54-acre lot in Knox County, offering ample parking and convenient access to East Main Street (US Hwy 150). Built in 1993, the modern metal building features a covered drive-up entry, a large parking lot, and prominent electronic monument signage. The interior boasts a fully equipped commercial kitchen, two contemporary bars, four restrooms, substantial storage space, a dedicated office, and a bridal room. All furniture, fixtures, and equipment—including a complete security system and state-of-the-art sound and video systems—are included in the sale, allowing for immediate operation. The flexible layout accommodates multiple simultaneous events. The expansive property offers significant potential for diverse future uses, making it an attractive prospect for both business owners and investors. A minimum 24-hour notice is required for showings. The property is zoned for Commercial, Restaurant, and Other uses.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Galesburg
- County
- Knox
- State
- Illinois
- Longitude
- -90.361
- Latitude
- 40.9519
