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2204 Fosterburg Road

Alton, IL 62002
  • $1,100,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 24035723
UPDATED: 149 min ago
$1,100,000
  • 0
    BEDS
  • 2.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,800
    SQFT
  • $125
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Description

Exceptional Bar and Grill on 2.57 Acres-Outskirts of Alton. Over 8,000 square foot of space, featuring a gaming room that has brought in an estimated $92,000 last year(owners have updated 5 out of 6 of the gaming machines), three full bars including an indoor bar with custom DJ stand/hook ups and mechanical bull, outdoor bar crafted from a full-size yacht creating unique serving station. Two stages, indoor stage perfect for bands/events, & outdoor stage perfect for band/concerts. The covered outdoor area is expansive and offers doors that lift open to another large outdoor seating area/stage. Flexible seating options for all weather & events. Also includes party bus, and additional lot for expanding the parking lot. Recently updated $0 POS system(leased), new Pepsi products/soda line system. All of the unique memorabilia included adding to the distinctive charm of the venue. Don't miss out on this fantastic opportunity for entrepreneurs looking to enter the restaurant & bar industry.

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-07-22T23:39:37.62.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/152295494
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2204 Fosterburg Road Alton, IL 62002

  • Price: $1,100,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 149 min ago
  • ID#: 24035723
0
Beds
0
Baths
0
½ Baths
2.57
Acres
8,800
SQFT
$125
$/SQFT
1987
Built
Neighborhood:
N/A
County:
Madison
Property Description
Exceptional Bar and Grill on 2.57 Acres-Outskirts of Alton. Over 8,000 square foot of space, featuring a gaming room that has brought in an estimated $92,000 last year(owners have updated 5 out of 6 of the gaming machines), three full bars including an indoor bar with custom DJ stand/hook ups and mechanical bull, outdoor bar crafted from a full-size yacht creating unique serving station. Two stages, indoor stage perfect for bands/events, & outdoor stage perfect for band/concerts. The covered outdoor area is expansive and offers doors that lift open to another large outdoor seating area/stage. Flexible seating options for all weather & events. Also includes party bus, and additional lot for expanding the parking lot. Recently updated $0 POS system(leased), new Pepsi products/soda line system. All of the unique memorabilia included adding to the distinctive charm of the venue. Don't miss out on this fantastic opportunity for entrepreneurs looking to enter the restaurant & bar industry.
Exterior Features

Attached Garage YN No Lot Size Dimensions 2.57 Acres Lot Size Source Owner Parking Features ExpandableAsphalt Road Frontage Type County Road Roof Architecural Shingle Unit Location High Traffic

Interior Features

Above Grade Finished Area Source Other Building Square Footage 8800.00 Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Commercial Type Commercial LandSpecial Purpose/Use Cross Street 140 Current Financing Cash OnlyConventional Current Use One StoryRestaurantBar/Tavern Disclosures UnknownSellers Discl Not Av Documents Available Profit & Loss Statement Electric Ameren Inclusions Building & BusinessBuilding & LandPersonal PropertySome EquipmentSome FixturesSome Inventory Lease Term None Miscellaneous 2+ LavatoriesBuilding SignBurglar AlarmKitchen Facilities Net Operating Income 80686 Operating Expense Includes ElectricityHeat/CoolingMaintenanceInsuranceReal Estate TaxWater/Sewer Possession Close Of Escrow Possible Use Restaurant Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 12886 Tax Year 2022 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas to SiteWater AvailableSewer Available Water Source Public Zoning Commercial

Listing provided courtesy of Market Pro Realty, Inc: 2519121. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-07-22T23:39:37.62.

Fusion Realty, LLC: 618.781.9170
 
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