402 Mae Orr St - Hospitality FOR SALE


Enfield, IL 62835
$425,000 USD
618-237-1222
402 Mae Orr St, Enfield, IL for Sale
$425,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

402 Mae Orr St
Enfield, IL 62835


HIGHLIGHTS

  • Public bar offering beverage sales, package liquor, and gaming income.
  • Fully equipped banquet facility with kitchen and walk-in cooler for event income.
  • Turn-key multi-income hospitality property with hotel, bar, event space, and office lease.
  • Large pole barn offering storage or future revenue opportunities.

OVERVIEW

This exceptional turn-key hospitality property presents a rare opportunity to acquire a fully operational, multi-stream income business in the growing Fairfield, Illinois market. Set on a private 2.1-acre site with scenic views, the asset combines a well-maintained 7-room hotel with an established bar, banquet facility, leased office space, and valuable auxiliary structures, creating a robust, diversified revenue profile from day one. The spacious hotel accommodations stand out in the region, offering unusually large rooms capable of housing up to four queen beds along with dining space, making the property ideal for families, work crews, and long-term guests. The on-site bar is open to the public and generates income through beverage sales, package liquor, and active online gaming machines, providing a steady and attractive revenue stream. A dedicated banquet and event hall with a commercial kitchen and walk-in cooler supports weddings, reunions, corporate functions, and community events. The existing leased office suite adds guaranteed monthly income, while the large pole barn offers immediate storage value or the ability to introduce a new business component. The current owner has already taken steps toward expansion through an active grant application, proposing additional parking across the street, new fencing, and an outdoor entertainment area to further elevate guest appeal and operational capacity. Whether you envision a boutique hospitality operation, a multifunctional event center, workforce lodging, or an investment in a diversified income property, this asset is positioned for immediate performance and long-term growth.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$55 USD /SF

# OF ROOMS

7

PRICE/ROOM

$60,714 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hickory Creek Hideaway

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,813 SF

ZONING

-

APN/PARCEL ID

12-08-404-005,12-08-404-006,12-08-404-007,12-08-404-008,12-08-404-013,12-08-404-014,12-08-404-015,12-08-404-016

ASK ABOUT THIS PROPERTY

Jessica McClearyCountry Roads RealtyMore Info
618-237-1222

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Jessica McClearyCountry Roads RealtyMore Info
618-237-1222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.