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Turn-Key Restaurant and Bar

204 State Street Alton, IL 62002

204 State Street, Alton, IL, 62002
Contact for pricing
For Sale
Contact for pricing
Pending

Turn-key restaurant/bar sale with updated kitchen equipment, new HVAC, and multiple seating areas in a historic building.

Days on Market104

Property Features for 204 State Street

General Information

Standard status
Pending
Property subtype
Special Purpose
Listing agency Coldwell Banker Commercial Brown, Realtors Godfrey
Listed by Elaine Rhodes · License #IL
Source Crexi
Added: Apr 11 Updated: Jul 22 at 7:04PM Checked: Jul 22 at 7:04PM

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 Coldwell Banker Commercial Brown, Realtors Godfrey


Investment Insights

Based on property information with market context.

This turn-key restaurant and bar sale includes extensive updates throughout, along with a front bar featuring wood floors and quarry tile. The kitchen is equipped with updated gas cooking, including a new Vulcan convection oven, chargrill, and flat top, plus a self-cleaning Turbo Air cold prep area. Additional improvements include a 10' Captiva Aire hood with heated makeup air, a 6' x 8' walk-in cooler, updated beverage air and water heaters, infrared food warmer, and new roofs. The roof HVAC includes a new 3T unit with a condensing unit for the walk-in refrigerator, and there is also a storage area.

The property is located in downtown Alton and is described as a unique 1839 building that was part of the Franklin House. The back seating area includes refinished floors, a bar area, and new booths, tables, and chairs. Above the front bar, there is additional seating overlooking the bar, and the third floor offers potential for a loft with original wood floors. The offering includes 2 parcels/buildings.

The layout supports front and back dining with a dedicated bar and an upper seating area, supported by the updated kitchen and refrigeration systems.

Key Highlights

  • Turn‑key restaurant/bar with updated kitchen equipment and multiple seating areas in a historic 1839 building
  • Kitchen includes updated gas cooking with a new Vulcan convection oven, chargrill, and flat top
  • Includes 6' x 8' walk‑in cooler plus a 10' Captiva Aire hood with heated makeup air

Property Analytics

Location Intelligence

Current Use by Public Records

Pro Ottumwa Dumpsters ... Waste Management Facility Cigar Shop (Bike/Boat/Book/etc) Store Bentley's Bar & Grill Bar & Pub Gatsby's Grille Restaurant

Suggested Use

Real Estate Agency Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Storage Facility Electrical Service Auto Repair Shop HVAC Service Plumbing Service Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Turn-key restaurant/bar sale with updated kitchen equipment, new HVAC, and multiple seating areas in a historic building.
Where is this conventional restaurant located?
The property is located at 204 State Street Alton, IL.
What are key features of this property?
This property features: Turn‑key restaurant/bar with updated kitchen equipment and multiple seating areas in a historic 1839 building; Kitchen includes updated gas cooking with a new Vulcan convection oven, chargrill, and flat top; Includes 6' x 8' walk‑in cooler plus a 10' Captiva Aire hood with heated makeup air
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