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531 S 7th Street Rochelle, IL 61068
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Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $44
MLS Listing ID 11414792
Sold Date 05/01/23
Year Built 1980
Annual Tax Amount $6,415
Tax Year 2020
Lot Dimensions 15X183X105X120X104X127X198X143X175X2
Property Description
Tremendous business opportunity in Rochelle! Salt 251 is a fully renovated restaurant, bar and banquet hall set on the beautiful Fairways golf course. Within the last three years, updates include an all new HVAC system, newly wired electric and gas lines. The bar has been completely redesigned and provides seating for 35+ people. the covered patios provide optimal outdoor seating with fairway views. A brand new commercial kitchen has also been installed with highlights including a brand new chef's hood with ambient air safety feature, new prep station and a new walk in freezer. The banquet hall holds over 200 people with the overflow seating of the patio and has been upgraded as well. Security & fire protection system upgrades, remodeled restrooms with high efficiency faucets, new flooring add to the list of desirables! This building has loads of potential and can be a true money maker with the right vision. Daily highway traffic count of 8,700. Call for a private tour today and put your money to work for you!
Location
State IL
County Ogle
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Bought with Carla Benesh • RE/MAX of Rock Valley