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1856 E Broadway
Alton, IL 62002
Retail Property For Sale

Investment Highlights

  • - Turn Key Restaurant
  • - Warehouse -currently Month to Month
  • - 2 Vacant Storefronts
  • - Average VPD is 8,900

Executive Summary

This property includes the commercial retail space, warehouse and two car garage. The one storefront is a well established restaurant and shares a common storage area. There is a long time tenant renting the warehouse on a month-to-month basis. The commercial buildings and land are included in the sale. Furniture and fixtures are negotiable. Potential rental income from the storefronts could be $7,500 per month or more. Average VPD is 8,900. Located in a HUBZone.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,126 SF
Year Built
1947
Price
$753,340 CAD
Price Per SF
$105.72 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Zoning
C2 - the highest intensity business or commercial zoning district
Parking
5 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
93’ on E. Broadway

Amenities

  • Restaurant
  • Security System
  • Signage

Property Taxes

Property Taxes

Parcel Number
23-1-08-18-09-201-001
Land Assessment
$14,464 CAD
Improvements Assessment
$82,785 CAD
Total Assessment
$97,249 CAD
  • Listing ID: 37346377

  • Date on Market: 2025-08-20

  • Last Updated:

  • Address: 1856 E Broadway, Alton, IL 62002

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