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The Firehouse 314 State St 3,750 SF Retail Building Alton, IL 62002 $350,000 ($93.33/SF)
EXECUTIVE SUMMARY
Turnkey Bar with Gaming & Income Potential – Prime Downtown Alton Location! A rare opportunity to own a well-established bar in the heart of historic downtown Alton! This high-visibility property offers a thriving business location with slot machines already in place, creating a strong revenue stream from day one. The building features a fully operational bar, fixtures, furniture and gaming area with slot machines – licensed and generating consistent income. Spacious indoor and outdoor seating and an inviting atmosphere perfect for locals and tourists alike. The upstairs apartment with a separate entrance is perfect for live-in ownership or additional rental income. Plenty of foot traffic and nearby attractions bring steady business. This is a turnkey investment with everything you need to step in and start earning immediately. Whether you’re an experienced bar owner or an investor looking to expand your portfolio, this property checks all the boxes.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,750 SF
Building Class
C
Year Built
1896
Price
$350,000
Price Per SF
$93.33
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.04 AC
Zoning
C4
Frontage
30’ on State St
AMENITIES
- Signage
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 23-2-07-14-06-101-034 | Improvements Assessment | $52,660 (2024) |
| Land Assessment | $4,990 (2024) | Total Assessment | $57,650 (2024) |
PROPERTY TAXES
Parcel Number
23-2-07-14-06-101-034
Land Assessment
$4,990 (2024)
Improvements Assessment
$52,660 (2024)
Total Assessment
$57,650 (2024)
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The Firehouse | 314 State St
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