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    OFF-MARKET
    Office Spaces

    214 Main St, Ruma, IL 62278-2606

    Trust Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-3582945
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    APN 13-145-005-00
    UPID US28-3582945
    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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kruse Trust · 2 yrs held
    Kruse Trust
    since 2024
    Last sale
    $130,000
    4 recorded transactions
    2024
    2019
    $130,000
    2011
    $118,000
    2006
    $335,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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