Multi-Tenant Building with Beer
101 East Clay Street Collinsville, IL 62234
For Sale
Contact for pricing
Multi-tenant hospitality property with a full beer garden setup, including concession stand, restrooms, and an elevated stage.
Property Size20,755 SF
Price / SF$132.50
Days on Market59
Property Features for 101 East Clay Street
General Information
- Standard status
- Active
- Size
- 20,755 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing Agency:
Barbermurphy Group
(618) 973-5507
Listed By:
Collin Fischer, CCIM, SIOR · License #471020932
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 24 at 10:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barbermurphy Group
Investment Insights
Based on property information with market context.
This multi-tenant investment property brings together a range of hospitality and retail spaces under one roof. The offering includes a restaurant, distillery, brewery, lounge, event space, sports bar, and a barber shop. Outdoor amenities feature a beer garden with a concession stand, restrooms, and an elevated stage suitable for hosted events.
The property is located at 101 East Clay Street in Downtown Collinsville, Illinois, one block south of Illinois 159. The central placement supports walk-in foot traffic patterns typical of downtown entertainment and dining districts.
For buyers looking for an all-in-one platform, the mix of food, beverage, and event-oriented concepts can help accommodate multiple operating models in a single ownership. The presence of both indoor venue space and a dedicated beer garden with event staging and support facilities provides practical flexibility for tenants and operators seeking a coordinated hospitality environment.
The property is located at 101 East Clay Street in Downtown Collinsville, Illinois, one block south of Illinois 159. The central placement supports walk-in foot traffic patterns typical of downtown entertainment and dining districts.
For buyers looking for an all-in-one platform, the mix of food, beverage, and event-oriented concepts can help accommodate multiple operating models in a single ownership. The presence of both indoor venue space and a dedicated beer garden with event staging and support facilities provides practical flexibility for tenants and operators seeking a coordinated hospitality environment.
Key Highlights
- Multi‑tenant hospitality investment property built in 1930
- Tenant mix includes a restaurant, distillery, brewery, lounge, event space, sports bar, and barber shop
- Beer garden setup includes a concession stand, restrooms, and an elevated stage
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $353.7k | $17.04 |
| − Vacancy | −$25.5k | −$1.23 |
| EGI | $328.2k | $15.81 |
| − OpEx | −$82.1k | −$3.95 |
| NOI | $246.2k | $11.86 |
20,755 SF · lease $17.04/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$3.52M
$3.08M – $4.10M
NOI $246,151 @ 7.0% cap · market cap 8.95%
Second Best
Industrial
$1.23M
$1.07M – $1.43M
NOI $85,754 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$5.66M
$4.95M – $6.60M
NOI $396,005 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ruggles Transport
Freight Service
Landstar
Freight Service
FAQs
What type of property is this?
Brewery - Multi-tenant hospitality property with a full beer garden setup, including concession stand, restrooms, and an elevated stage.
Where is this brewery located?
The property is located at 101 East Clay Street Collinsville, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Multi‑tenant hospitality investment property built in 1930; Tenant mix includes a restaurant, distillery, brewery, lounge, event space, sports bar, and barber shop; Beer garden setup includes a concession stand, restrooms, and an elevated stage
