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214 Main St 1,720 SF 100% Leased Retail Building Ruma, IL 62278 $650,000 ($377.91/SF)
Investment Highlights
- exposed brick walls
- wine bar
Executive Summary
This is a rare opportunity to acquire a well-established, turnkey restaurant and wine bar known as The Mill, located in Ruma, Illinois, just minutes south of Red Bud. The Mill has built a strong reputation for its quality food, curated wine selection, and specialty drinks, and serves as a popular destination for community gatherings, jeep runs, poker runs, and regional events.
The historic turn-of-the-century building has been thoughtfully renovated while maintaining its character, featuring exposed brick walls, distinctive pulley and belt ceiling fans, and a welcoming bar and dining area. An outdoor patio provides additional seating and enhances the overall guest experience. Parking is available both in front of and behind the building.
The sale includes the business, real estate, inventory, commercial kitchen equipment, furniture, and fixtures, offering a true turnkey investment opportunity. With an established customer base and strong community presence, this property is well positioned for continued success and future growth.
The historic turn-of-the-century building has been thoughtfully renovated while maintaining its character, featuring exposed brick walls, distinctive pulley and belt ceiling fans, and a welcoming bar and dining area. An outdoor patio provides additional seating and enhances the overall guest experience. Parking is available both in front of and behind the building.
The sale includes the business, real estate, inventory, commercial kitchen equipment, furniture, and fixtures, offering a true turnkey investment opportunity. With an established customer base and strong community presence, this property is well positioned for continued success and future growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,720 SF
Building Class
C
Year Built
1900
Price
$650,000
Price Per SF
$377.91
Percent Leased
100%
Building Height
1 Story
Building FAR
0.28
Lot Size
0.14 AC
Frontage
15’ on Main Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- The Grill
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| The Grill | Services | - | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $55,025 | |
| Land Assessment | $8,340 | Total Assessment | $63,365 |
Property Taxes
Parcel Numbers
Land Assessment
$8,340
Improvements Assessment
$55,025
Total Assessment
$63,365
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214 Main St
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