Restaurants

Flora, IL Restaurants for Sale

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Clay City, IL Xenia, IL Louisville, IL Rinard, IL Cisne, IL Iuka, IL Kinmundy, IL Olney, IL
Gaming Lounge and Bar Venue
Updated: Mar 26, 2024
Gaming Lounge and Bar Venue

1051 E North Avenue, Flora, IL 62839

$360,000
0.30 AC lot
Over 2500 sq ft of bar, gaming, retail, and event space
2020 addition with oversized stage, pool table area, and seating
Two walk‑in cold coolers plus a walk‑in dry cooler
Drive‑through component and retail area with two walls of coolers
Fixtures, furniture, product, stock, and most equipment included
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1 active listing matches your search: Restaurant for sale in Flora, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Restaurant with Equipment
Updated Restaurant with Equipment

206 E Main Street 206 & 208, Salem, IL 62881

$185,000
3,168 sqft  Built 1920

Existing food-service improvements include sinks, ovens, dishes, coolers, and storage.

Equipment included
View details
Mixed-Use Property with Drive-In Doors
Mixed-Use Property with Drive-In Doors

1318 Salem Road, Mount Vernon, IL 62864

Contact for pricing
23,440 sqft  1 building  2-story
Road access

A bar and gym occupy portions of the building, alongside available space and a separate upstairs office area.

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Former QSR with Drive-Thru
Former QSR with Drive-Thru

1600 Broadway St, Mount Vernon, IL

Contact for pricing
3,376 sqft

Free-standing restaurant with drive-thru and kitchen infrastructure included.

View details
Restaurant with Kitchen Equipment
Restaurant with Kitchen Equipment

206 E MAIN Street #206 & 208, Salem, IL 62881

$185,000
3,168 sqft  Built 1920

Existing sinks, ovens, dishware and coolers are included in the food-service space.

Equipment included
View details

Flora, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Flora, IL on our real estate platform.

Sale prices for restaurant properties in Flora, IL average $360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1

Demographics Overview

Population 6,215
Population Growth (5Y) -2.9%
Median Household Income $54,241
College Educated 25.9%

High-Yield Neighborhoods for Investment

Identify Flora submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62839 $360K

Taxes & Financing

Tax Rate (average for all types) 7.84%
Property Tax per SF $1.43 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

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