1300 E Broadway

Description

Introducing a rare commercial opportunity in one of Alton's most visible corridors, 1300 East Broadway (Parcel 23-2-07-13-11-201-043) is a substantial property offering approximately 0.393 acres (17,115 square feet) of C-2 zoned land with a well-established building encompassing approximately 7,881 square feet. Built in 1951, the structure provides a solid foundation for adaptive reuse, expansion, or repositioning while maintaining a footprint large enough to accommodate multiple tenants by subdividing or a significant owner-user operation. Strategically situated in the Hunter & Russell's Addition subdivision, the site benefits from direct frontage on East Broadway, a major commercial corridor in Alton known for consistent traffic, strong visibility, and connectivity to downtown, the Clark Bridge into Missouri, surrounding neighborhoods, and regional routes leading to Godfrey and Edwardsville. The property is embedded within Alton's commercial grid, giving it both historical presence and modern viability. With C-2 zoning (General Commercial), 1300 East Broadway is positioned for a broad variety of uses including retail, service, professional offices, or mixed commercial formats. The lot's depth and overall size make it suitable for outdoor display, parking, drive-through concepts, or the addition of accessory structures at the rear, subject to city approvals. Investors and owner-users will appreciate the flexibility this site provides, whether configured for a single tenant or subdivided for multiple businesses. Possible strategies include operating as a showroom or specialty retail space with outdoor display, subdividing the interior for professional offices or service businesses, or converting part of the building for workshop or light service uses while retaining frontage visibility for sales. The expansive lot also makes redevelopment a viable option, whether through façade modernization, adaptive reuse, or reimagining the structure as a boutique mixed-use development. Immediate investment appeal comes from the building's existing size and solid structure, which provide a lower risk entry compared to raw land development. The nearly 0.4 acre lot gives room for future expansion or densification, increasing long-term value. C-2 zoning reduces tenant mismatch risk by permitting a broad range of uses, while the East Broadway frontage ensures visibility to both vehicle and pedestrian traffic. Compared to smaller neighboring parcels, 1300 East Broadway stands out with its scale, layout flexibility, and potential for outdoor merchandising or parking. Whether pursuing a value-add leasing strategy, long-term hold, or full redevelopment, this property checks all the boxes for visibility, flexibility, and investment potential. The site's history, location, and zoning provide a platform for creative reconfiguration and future growth, making it attractive to both investors and entrepreneurs seeking a prominent position in Alton's commercial market. In summary, 1300 East Broadway combines scale, location, and adaptability in a package rarely available in this corridor. From single tenant occupancy to multi-tenant leasing or redevelopment, the options are diverse and compelling, supported by strong local traffic, established neighborhood context, and an improving regional commercial landscape. Disclaimer: All information provided is deemed reliable but not guaranteed. Prospective buyers and their agents must perform their own due diligence, including but not limited to confirming zoning, allowable uses, setback requirements, property lines, easements, drainage, utility access, building conditions, environmental factors, permits, and compliance with municipal, county, or state regulations. Seller and listing broker make no warranties or representations regarding the future suitability or performance of the property.