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USAILLoraine307 N Main St
307 N Main St, Home with 0 bedrooms, 0 bathrooms and null parking in Loraine IL | Image 1
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$275,000

307 N Main St, Loraine, IL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $2,786
Days Active 146
Approx. Age 
MLS® Number CA1034099

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover an extraordinary opportunity to own a unique rural destination venue and bar at 307 N Main St, Loraine, IL. This exceptional property, formerly a school, now operates as a well-established bar and event venue, covering approximately 12, 320 square feet. The building has been thoughtfully updated with contemporary functionality and includes a geo thermal system. Nestled on a spacious 5-acre plot, this venue offers ample room for expansion, ideal for enhancing your event operations. The potential for culinary expansion is notable, with space available in the former school cafeteria to introduce a full-service kitchen. The ambiance of the property is one of its most striking features. The front bar area, situated in the old gymnasium, boasts the original basketball tile floor and impressive 19-foot ceilings, creating a nostalgic and inviting atmosphere. This area also includes a cozy gaming room, adding to its appeal. In the back of building, a large room stands ready for significant events and gatherings. It's currently a hub for local bags leagues and has proven to be an ideal setting for wedding rehearsals and receptions, exemplifying its versatility. This property isn't just a building; it's a centerpiece in the community. It's a place where memories are made and new stories begin. As a potential owner, you have the chance to continue this legacy.Show Description
MLS® NumberCA1034099
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGeothermal
A/CGeothermal
Heating Fuel

Extras

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