Skip To Content

208 W 3RD STREET

Alton, IL 62002
  • $349,900
  • STATUS: Active
  • ON SITE: 207 Days
  • ID#: 21030424
UPDATED: 83 min ago
$349,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $29
    $/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.

Monthly Payment Calculator

Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-12-04T23:39:06.35.

Matt Smith Real Estate Group | EXP Realty: 573-451-2020
www.mattsmithrealestategroup.com/homes/117003267
Print Image

208 W 3RD STREET Alton, IL 62002

  • Price: $349,900
  • Status: Active
  • On Site: 207 Days
  • Updated: 83 min ago
  • ID#: 21030424
0
Beds
0
Baths
0
½ Baths
0.1
Acres
12,000
SQFT
$29
$/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

Attached Garage YN No Construction Materials Conventional Lot Size Dimensions 50 X 90 Lot Size Source County Records Parking Features None Road Frontage Type City StreetState Road Roof Flat Unit Location CityDowntownHigh Traffic

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Greater Gateway Association Of Realtors Commercial Type Commercial Land Cross Street Piasa Current Use Three Stories Or MoreRestaurantStore FrontBar/Tavern Disclosures UnknownFlood Plain Yes Electric 220 VoltsThree Phase Inclusions Building & LandLand/Building & BusOption To LeasePersonal PropertySome EquipmentSome Inventory Lease Term Other Miscellaneous 2+ LavatoriesBuilding SignDisplay WindowExterior LightingKitchen FacilitiesOtherSmoke Alarm/DetecWheelchair Access Net Operating Income 0 Operating Expense Includes ElectricityGasHeat/CoolingMaintenanceInsuranceReal Estate TaxWater/Sewer Possession Negotiable Possible Use Convenience StoreRestaurantMotel/HotelOfficePersonal ServiceProfessional ServiceResidentialRetail Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 6047 Tax Year 2019 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas To SiteWater AvailableSewer AvailableOther Water Source 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 2021-12-04T23:39:06.35.

Matt Smith Real Estate Group | EXP Realty: 573-451-2020
 
https://bt-photos.global.ssl.fastly.net/midamerica/1280_boomver_2_21030424-1.jpg https://bt-photos.global.ssl.fastly.net/midamerica/1280_boomver_2_21030424-1.jpg https://bt-photos.global.ssl.fastly.net/midamerica/1280_boomver_2_21030424-1.jpg
Logo
Matt Smith Real Estate Group | EXP Realty
945 Missouri Ave., Ste 5 & 6
St. Robert MO, 65584