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208 W 3RD STREET

Alton, IL 62002
  • $375,000
  • STATUS: Active
  • ON SITE: 32 days
  • ID#: 21030424
$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 2021-06-12T23:48:52.603.

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
  • 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

Building Type 3 Stories Or MoreRestaurantStore Front Construction Conventional Exterior Brick Land Info Flood PlainIncluded Lot Dimensions 50 X 90 Parking Description None Road Access City StreetState Highway Road Frontage 50 Roof Flat Unit Location CityDowntownHigh Traffic

Interior Features

Cooling Central-Electric Heating Forced Air Interior Walls Combo Miscellaneous 2+ LavatoriesBuilding SignDisplay WindowExterior LightingKitchen FacilitiesOtherSmoke Alarm/DetecWheelchair Access Sq Ft First Floor 4500

Property Features

Association Greater Gateway Association Of Realtors Building Fuel ElectricGas Commercial Property Type Commercial Land Conditions Unknown Cross Street Address Piasa Current Use Restaurant/Bar Disclosures Flood Plain Yes Electric Service 220 V3 Phase Gross Operating Income 0.00 Lease Terms Other/Call La Lot Size Source County Records Net Income 0.00 Offering LeaseSale Operating Expense ElectricityGasHeat/CoolingMaintenanceProperty InsuranceReal Estate TaxWater & Sewer Possession Negotiable Possible Buyer Fees YN No Potential Use Convenience StoreFood/Bev/RestaurantMotel/HotelOffice/GeneralPersonal ServiceProfessional ServiceResidenceRetail Operation Sale Includes Building & LandLand/Building & BusOption To LeasePersonal PropertySome EquipmentSome Inventory Selling Terms CashConventionalLeaseOther Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 6047 Total Expenses 0.00 Utilities Available CableElectricGasWaterSewerOther Water 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 2021-06-12T23:48:52.603.

Fusion Realty, LLC: 618.781.9170
 
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