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    208 W 3RD STREET

    Alton, IL 62002
    • $375,000
    • STATUS: Active
    • ON SITE: 127 days
    • ID#: 21030424
    UPDATED: 32 min ago
    $375,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $31
      $/SQFT
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    Historic double storefront in downtown Alton's tif district. This restaurant/bar, Ragin Cajun, has been a staple in downtown Alton for the last 11 years. This entertainment district garnishes impressive sales history and lots of foot traffic. 1st floor consists of solid terrazzo flooring, and 4,500 sq. ft. of restaurant seating, bar, stage, bathrooms, and commercial kitchen. Seating for over 200 people, walk-in cooler, 10ft hood with newer fire suppression system and covered patio measuring 14x50. 2nd floor mezzanine level has 2 additional bathrooms, second bar, banquet room, and a one of a kind 2nd story balcony and covered patio measuring 14x50. 3rd floor is also 4,500 sq. ft. unfinished space featuring new custom sound-proof windows. Full dry basement with concrete floor. The business holds a transferable off site liquor and food catering license and an Alton late liquor hours license. New commercial hybrid water heater in 2018. One new furnace and central air in 2020. Zoned HVAC.

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-09-16T17:39:41.407.

    Fusion Realty, LLC: 618.781.9170
    www.fusionrealtyhomes.com/homes/117003267
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    208 W 3RD STREET Alton, IL 62002

    • Price: $375,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 21030424
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    12,000
    SQFT
    $31
    $/SQFT
    1920
    Built
    County:
    Madison
    Area:
    Downtown
    Property Description
    Historic double storefront in downtown Alton's tif district. This restaurant/bar, Ragin Cajun, has been a staple in downtown Alton for the last 11 years. This entertainment district garnishes impressive sales history and lots of foot traffic. 1st floor consists of solid terrazzo flooring, and 4,500 sq. ft. of restaurant seating, bar, stage, bathrooms, and commercial kitchen. Seating for over 200 people, walk-in cooler, 10ft hood with newer fire suppression system and covered patio measuring 14x50. 2nd floor mezzanine level has 2 additional bathrooms, second bar, banquet room, and a one of a kind 2nd story balcony and covered patio measuring 14x50. 3rd floor is also 4,500 sq. ft. unfinished space featuring new custom sound-proof windows. Full dry basement with concrete floor. The business holds a transferable off site liquor and food catering license and an Alton late liquor hours license. New commercial hybrid water heater in 2018. One new furnace and central air in 2020. Zoned HVAC.
    Exterior Features

    Attached Garage YN No Construction Materials Conventional Lot Size Dimensions 50 X 90 Lot Size Source County Records Parking Features None Road Frontage Type City StreetState Road Roof Flat Unit Location CityDowntownHigh Traffic

    Interior Features

    Above Grade Finished Area Source Public Records Cooling Electric Heating Forced Air Heating YN Yes

    Property Features

    Association Greater Gateway Association Of Realtors Commercial Type Commercial Land Cross Street Piasa Current Use 3 Stories Or MoreRestaurantStore FrontBar/Tavern Disclosures UnknownFlood Plain Yes Electric 220 Volts3 Phase Inclusions Building & LandLand/Building & BusOption To LeasePersonal PropertySome EquipmentSome Inventory Lease Term Other Miscellaneous 2+ LavatoriesBuilding SignDisplay WindowExterior LightingKitchen FacilitiesOtherSmoke Alarm/DetecWheelchair Access Net Operating Income 0 Operating Expense Includes ElectricityGasHeat/CoolingMaintenanceInsuranceReal Estate TaxWater/Sewer Possession Negotiable Possible Use Convenience StoreRestaurantMotel/HotelOfficePersonal ServiceProfessional ServiceResidentialRetail Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 6047 Tax Year 2019 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas To SiteWater AvailableSewer AvailableOther Water Source Public Zoning Commercial

    Listing provided courtesy of Re/Max Alliance. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-09-16T17:39:41.407.

    Fusion Realty, LLC: 618.781.9170
     
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