401 Piasa StAlton, IL 62002

For Sale
$849,000

Turnkey Bar, Restaurant, Event Venue

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Alton, IL property offers a turnkey opportunity to acquire a thriving restaurant and event center. The complex encompasses three buildings totaling 23,018 square feet on a 1.47-acre lot (APN 23-2-07-14-07-201-001), zoned B-2. The main building features a fully equipped 8,000+ square foot restaurant and event venue with a substantial kitchen (22' hood system, 2 walk-ins), showcasing a unique design reflecting Alton's history. A large covered patio (seating for 60+) is complemented by a 1,200 square foot enclosed lodge bar with a fireplace. The outdoor area also includes an elevated stage and a 30x40 foot lawn. A historic 13,000 square foot building (Old Beale Warehouse) is also part of the property. Ample on-site parking (80+ spaces) is available. This prime location in Alton's entertainment district, within walking distance of the riverfront and near major redevelopment projects, presents a rare investment opportunity. The asking price is $849,000 ($36.88/sq ft).

Highlights

  • $849,000 asking price for this turnkey restaurant and event center.
  • 80+ parking spaces.
  • 12,000 square foot lodge with a six-seat patio.
  • Outdoor patio.
  • Convenient riverfront location in Alton, IL.

Property Details for 401 Piasa St

Property type
Other retail properties, Restaurants
Square Feet
23,018 SF
Class
C
Buildings
3
Stories
1
Lot Size (sq. ft)
64,033 SF

Location Insight

City
Alton
County
Madison
State
Illinois
Latitude
38.8921416
Longitude
-90.1860493
401 Piasa St, Alton, Illinois

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401 Piasa St
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