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    Flora, IL
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    Flora, IL Restaurants for Sale

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    Clay City, IL Xenia, IL Rinard, IL Louisville, IL Cisne, IL Iuka, IL Olney, IL Newton, 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
    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Flora, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Restaurant Building with Banquet Space
    Restaurant Building with Banquet Space

    235 N Locust St, Centralia, IL 62801

    $440,000
    6,179 sqft

    Multi-level restaurant facility with commercial kitchen, event accommodations, accessibility improvements, and a paved parcel in the central business district.

    View details
    Updated Restaurant with Equipment
    Updated Restaurant with Equipment

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

    $185,000
    3,168 sqft

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

    View details
    Freestanding Conventional Restaurant
    Freestanding Conventional Restaurant

    101 Baldridge Lane, Salem, IL 62881

    Contact for pricing

    Existing restaurant layout with highway exposure, pylon signage, and nearby Walmart, Dollar General, and McDonald’s.

    View details
    18-Hole Golf Course
    18-Hole Golf Course

    2801 Putter Dr, Centralia, IL

    $1,699,999
    146.00 AC lot

    Includes a pro shop, restaurant, bar, banquet hall, and lakeside outdoor dining.

    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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