Alton, IL Retail Property For Sale

This is a great opportunity to get a turnkey restaurant, bar, and event space in Downtown Alton's established entertainment district. Situated on a main road with high traffic count and visibility and private parking just a short distance from the Alton Riverfront Park Development. Main building is, currently, a fully furnished and equipped 8000+ sf event venue and restaurant with a 22' kitchen hood system and 2 walkins. Outstanding decor references the rich history of Alton and the Mississippi River. Huge covered patio can easily seat 60 people and is serviced by the outdoor 1200sf enclosed Lodge bar, with knotty pine panel, rustic design, and working stone surround gas fireplace. Outdoor area, also, has an elevated stage and 30x40' lawn area. A gravel winding path through mature landscaping leads from the patio to the Old Beale Warehouse, 13000sf historic Alton structure. This location is close to 3 major projects being rehabbed by Alton Works. On site parking for 80+/- cars. This Property is in a HUB Zone.

- This former bank facility is zoned for cannabis dispensary subject to the requirements/process of the City of Alton.

- The 5,000 sq foot full brick building has been fully maintained and adaptable for office, medical use or business customer service center with 4-drive thru lanes and teller counter.

- Vault room in place with additional safes available.

- Large production/copy area, kitchenette/break room and 4-bathrooms.

- Multi-offices with large lobby and open area spaces for many uses.

- Monument signage.

Long term tenants. 1 tenant leased to 10/26 and 1 until 3/26. Tenant reimburse owner for gas/electric, real estate taxes, insurance and taxes. Tenants pay water direct. Building has been very well maintained. Sale includes an upper lot for employee parking. Customer/client parking on street. Property is located in a TIF district.