101 Main St, Steeleville, IL 62288-1513
This exceptional commercial property at 101 E Main Street, Steeleville, Illinois presents a unique investment opportunity. Situated on a 0.34-acre lot, this fully renovated restaurant space is ready for immediate occupancy. The building is ideally positioned for high visibility and foot traffic, making it perfect for a variety of food service businesses, including restaurants, cafes, or even event spaces. The modern renovations provide a clean, contemporary aesthetic, minimizing the need for extensive upgrades and allowing a new owner to focus on their business operations. The interior layout is adaptable and can be customized to suit specific needs and preferences. This turnkey operation eliminates the hassle and expense of extensive renovations, allowing for a swift and efficient start-up. The property's location in the heart of Steeleville offers access to a local customer base and provides excellent potential for growth and success. The asking price is $245,000. This is an exceptional chance to acquire a well-maintained, ready-to-use commercial space in a desirable location. Don't miss this chance to establish your business in a thriving community. The property is offered as-is.
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The Local Pub Corporation Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.