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    OFF-MARKET
    Office Spaces

    1051 North Ave, Flora, IL 62839

    0.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey business opportunity in Flora, Illinois, presents a fully operational gaming lounge, bar, and retail store. Located at 1051 E. North Avenue, this property boasts over 2500 square feet of space, significantly larger than its exterior suggests. The layout includes a dedicated gaming lounge, a fully equipped bar with speed rails, under-counter coolers, and a large sink, all within a custom-built bar area. A substantial addition, completed in 2020, features an oversized stage, a pool table area, and ample seating. The retail section offers a well-designed layout and extensive cooler space, complemented by a convenient drive-through. Two walk-in coolers (one dry, one cold) and a large storage room provide ample space for inventory and supplies. The property also includes two ADA-compliant restrooms. Situated on a 0.3-acre corner lot, this location benefits from high traffic counts due to its proximity to both the town center and an industrial park, ensuring excellent visibility. Fixtures, furniture, stock, and most equipment are included in the sale, facilitating a smooth transition for the new owner. Please note that existing gaming licenses are not transferable

    Property profile
    Verified
    Property type Office Spaces
    Lot 0.3 ac (13,068 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • East End Still & Pickers Lounge (Bike/Boat/Book/etc) Store Wine and Liquor Store
    • Grain Systems Inc (GSI) Big Box & Wholesale Store Agricultural Supply
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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