305 N 1st St , Alpha, IL 61413 305 1st st 1,369 SF 100% Leased Retail Building Alpha, IL 61413 $149,900 ($109.50/SF)

This mixed-use property presents an opportunity for an owner-user, investor, or entrepreneur seeking a property with multiple income and operational possibilities. The offering includes a restaurant, bowling alley, apartment, and a detached two-car garage, creating a combination of commercial and residential components within a single asset.
The restaurant area provides an established hospitality-oriented layout that may support continued food and beverage operations or other permitted commercial uses, subject to local regulations. The bowling alley adds a distinctive entertainment component that can serve as a destination attraction and may offer opportunities for community events, recreational programming, or business expansion. The on-site apartment provides residential accommodations that may be suitable for an owner occupant, property manager, or potential rental use.
A two-car garage offers additional storage capacity and operational flexibility for equipment, inventory, maintenance needs, or personal use. The property's combination of commercial, entertainment, residential, and storage elements creates a versatile setting that may appeal to a variety of ownership strategies.
With multiple existing components already in place, the property offers flexibility for continued operation, repositioning, or redevelopment in accordance with local zoning and permitted uses. This is an opportunity to acquire a unique mixed-use asset with several functional elements under one ownership.