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    Flora, IL
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    Flora, IL Restaurants for Sale

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    Cisne, IL Clay City, IL Xenia, IL Rinard, IL Noble, IL Olney, IL Salem, IL Fairfield, IL
    Turnkey Gaming Lounge and Bar
    Updated: Mar 26, 2024
    Turnkey Gaming Lounge and Bar

    1051 E North Avenue, Flora, IL 62839

    $425,000
    0.30 AC lot
    Built in 1975 with forced air heating and natural gas
    Over 2,500 sq ft turnkey gaming lounge, store, bar, and venue space
    Addition added in 2020 with oversized stage and pool table area
    Two walk‑in cold coolers plus one walk‑in dry cooler and massive storage room
    Corner location with drive‑through and high traffic visibility from town and industrial park
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    Turnkey Gaming Lounge, Bar, and Venue
    Updated: Mar 26, 2024
    Turnkey Gaming Lounge, Bar, and Venue

    1051 E. North Avenue, Flora, IL 62839

    Contact for pricing
    2,500 sqft
    Turnkey, fully functional gaming lounge, store, bar, and venue, offering an immediate business opportunity.
    Large space (over 2500 sq ft) with a versatile layout including a gaming lounge, bar area, stage, pool table area, and store.
    Includes fixtures, furniture, product, stock, and most equipment for a seamless transition.
    Established bar area with speed bars, under counter coolers, large sink, and custom‑built bar.
    Features two walk‑in cold coolers, one walk‑in dry cooler, and massive storage, ideal for managing inventory.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Flora, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Block and Brick Restaurant Building
    Block and Brick Restaurant Building

    137 S Main Street, Clay City, IL 62824

    Contact for pricing
    2,500 sqft

    Solid block and brick commercial restaurant building offered for cash sale, with exterior viewing only and no inside access.

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    Block-and-Brick Storefront
    Block-and-Brick Storefront

    137 S Main Street, Clay City, IL 62824

    Contact for pricing
    0.06 AC lot

    Commercial building on the main strip with a former restaurant and pub use.

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    Turnkey Restaurant, Bar & Gaming Venue
    Turnkey Restaurant, Bar & Gaming Venue

    1051 E. North Avenue & 405 Park, Flora &, Cisne, IL 62839

    Contact for pricing
    2,500 sqft

    Two operating businesses with multiple revenue streams for sale.

    View details
    Restaurant with Drive-Through
    Restaurant with Drive-Through

    1051 E North Avenue & 405 Park, Flora, Cisne, IL 62839

    $625,000

    Turnkey restaurant bar and gaming venue with a drive-through and updated interior improvements, including kitchen upgrades and new plumbing.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land Along Interstate
    Development Land Along Interstate

    207 & 301 N 44TH ST, Mount, Vernon, IL 62864

    Contact for pricing
    4.86 AC lot

    4.86 acres of development land with interstate frontage.

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    Site-Ready Building Lots
    Site-Ready Building Lots

    3217 W Broadway Street, Princeton, IN 47670

    $99,900
    1.27 AC lot

    Three site-ready lots with utilities available, positioned for retail, office, or restaurant development with seller approval.

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    Site-Ready Commercial Building Lot
    Site-Ready Commercial Building Lot

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Site-ready commercial lot with utilities available, positioned for retail, office, or restaurant development near Goodwill.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Three buildable commercial lots offer utility access and flexibility for an approved retail, office, or restaurant project.

    View details

    Flora, IL Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Flora, IL on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for restaurant properties in Flora, IL average $425,000 — 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 2

    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 $425K

    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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