130 Ludwig DrFairview Heights, IL 62208

For Sale
$950,000

Prime I-64 location, 6,400 SF restaurant.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 6,400-square-foot restaurant building, situated on a spacious 1.61-acre lot in Fairview Heights, Illinois, presents a remarkable investment opportunity. Previously operating as Agostino's Restaurant, this well-maintained property boasts two code-compliant hood systems, a large walk-in cooler and freezer, and ample parking. Its prime location along I-64 offers unparalleled visibility, with over 250 feet of frontage and exposure to 72,620 vehicles daily. A prominent pylon sign further enhances its presence. The property benefits from its proximity to a high-performing Red Lobster and a dense retail corridor exceeding 5 million square feet within a 3-mile radius. With 675 hotel/motel rooms within a mile, the location offers a substantial customer base. Convenient access to both I-64 and Highway 159 ensures easy accessibility. The property is currently vacant and available for sale at $950,000. The lease rate is $14.00 per square foot, NNN. This is an owner/user opportunity with significant potential in a thriving retail area. The property is zoned for restaurant and bar use.

Highlights

  • 6,400 SF restaurant building.
  • 1.61-acre lot.
  • Well-maintained restaurant/bar with kitchen hoods.
  • Ample parking.
  • I-64 pylon signage.
  • High visibility: 250+ feet of I-64 frontage (72,620 VPD).

Property Details for 130 Ludwig Dr

Property type
Other retail properties, Restaurants
Square Feet
6,400 SF
Lot Size (sq. ft)
70,132 SF
Units
1

Location Insight

City
Fairview Heights
County
St Clair
State
Illinois
Latitude
38.6006145
Longitude
-89.9929324
130 Ludwig Dr, Fairview Heights, Illinois

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130 Ludwig Dr
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