Commercial Real Estate in Colfax available for sale
Colfax Wedding Venues For Sale

Wedding Venue for Sale within 50 kilometers of Colfax, IL, USA

More details for 1356 County Road 2900 N, Rantoul, IL - Specialty for Sale

Reindeer Ranch - 1356 County Road 2900 N

Rantoul, IL 61866

  • Wedding Venue
  • Specialty for Sale
  • $2,035,352 CAD
  • 11,054 SF
  • Air Conditioning

Rantoul Specialty for Sale

Welcome to Hardy's Reindeer Ranch where the North Pole meets the Wild (Mid) West. This is an extraordinary investment opportunity to own and operate one of Central Illinois' most beloved tourist attractions and banquet centers. Nestled on 10.5 acres, just north of the University of Illinois in the Village of Rantoul, this property hosts over 60,000 visitors annually who come to experience the Christmas magic and fun activities the Reindeer Ranch has to offer. This property includes a 130 seat fully equipped (3,456 sf) banquet hall with service kitchen, custom built (1,987 sf) timber frame gift shop, Amish built (2,240 sf) livestock barn/shed/workshop, (1,171 sf) pole barn, fenced pasture, parking and corn maze. The 3-bedroom (2,200 sf) farmhouse with attached garage was built from reclaimed hardwood and features an open concept and oversized 2 car garage. Sale includes land, buildings, all equipment, tools, tractors, reindeer herd and all inventory, as well as proprietary information including vendors, motorcoach tour accounts, website and social media accounts. For the past 30 years Hardy's Reindeer Ranch has been a seasonal destination for visitors and Motorcoach tours from near and far. The Ranch offers fall and holiday experiences for the whole family including an up close "kiss" and introduction to the herd of 23 real Alaskan reindeer, adjacent 10-acre Corn Maze, pumpkins, hayrides, Christmas trees, pedal race carts, and paintball gallery. Guests gather and warm up around the potbellied stove in the gift shop and stay for lunch at the Klondike cafe. Throughout the year, the farm hosts a variety of group entertainment packages and private events, including family reunions, school groups, weddings and company retreats. This property lies within 2 miles from the I-57 corridor, 2 hours from the city of Chicago, minutes from Rantoul sports complex and Air Base, and within 25 minutes of the University of Illinois's main Campus. This outstanding agritourism opportunity provides the infrastructure and potential to step right in to a well-established business model or bring your agricultural venture or vision to life. ***Sellers are in the process of re-platting and rezoning the parcel that the business operates on, this listing replaces a previous listing for a larger parcel of land+business+business property. Adjacent corn maze acreage is available for lease with property purchase.

Contact:

Coldwell Banker Commercial Real Estate Group

Date on Market:

2024-10-04
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United States Wedding Venues Illinois Colfax

Wedding Venues For Sale

Wedding Venues

What is a wedding venue?

A wedding venue is typically a large building, or sometimes an open-air site, that is available for weddings and wedding receptions. These venues are typically all in one solution for your wedding with a large ballroom or banquet hall. Often the entire property is yours to use for your wedding.

Weddings continue in popularity around the world and there is a growing market for venues that can provide you with a complete service from ceremony to dinner to dancing all under one roof.

What types of wedding venues can purchase?

There are several types of properties that can be wedding venues that you could buy, including:

  • - Country Club
  • - Castle or Manor House
  • - Small exclusive Hotel with ballroom and restaurant facilities
  • - Boutique hotel with wedding facilities
  • - Private Mansion House
  • - Exclusive vacation resort or retreat
  • - Historic site
  • - Anything in between

Typically, zoning regulations and capacity limits may limit the number of people on property, so make sure to check with your local broker to get more information.

What is the difference between a wedding venue and a banquet hall?

A banquet hall is typically a large space for holding catered events, like weddings or conventions. A wedding venue on the other hand, is not just a big room capable of seating lots of people. Wedding venues are typically complete packages with all the amenities you need for a wedding. Wedding venues also specialize in just weddings so they have the expertise to provide everything a wedding needs.

What should be considered when purchasing a wedding venue?

Location: Ensure that there is proper demand for the area and that the actual location is accessible during as much time of the year as possible.

Capacity: Be sure that your venue will accommodate the number of guests you plan to be able to handle.

Amenities: Ensure that the venue has all the amenities you are looking for. This includes space for a dance floor, proper commercial kitchen, grounds for outdoor portions of the wedding, and accommodations for the bridal party.

Facilities: Carefully consider what types of event can be hosted at your proposed location. Focusing on just weddings is a specific business decision, but having flexibility in your facilities may allow for additional revenue during less popular times of the year.

What other considerations are there when purchasing a wedding venue?

Insurance, taxes, and cost of utilities are other factors to keep in mind as wedding venues work year-round and should accommodate all kinds of weather and timing of events.

Many people who are interested in purchasing a wedding venue have already run other types of businesses like a restaurant or catering service. This may be particularly helpful when considering buying a wedding venue since you already understand what it takes to run a business in that service industry.

Reach out to a local broker to get a better understanding of the market for wedding venues in your area.

 

Looking to lease a Wedding Venue? View Wedding Venues for lease