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Restaurant with Commercial Kitchen
For Sale
$179,000

204 W Gallatin Street, Vandalia, IL 62471

A commercial kitchen, two walk-in coolers, and storage support restaurant operations.

Property Size3,240 SF
Price / SF$55.25
Days on Market213

Property Features for 204 W Gallatin Street

General Information

Standard status Active
Size 3,240 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,242

Building Details

Building Size 3,240 SF
Year Built 1960
Buildings 1
Stories 1
Listing Agency: Flowers Home Realty
Listed By: Marletta Flowers · License #2006018112
Source: Flowershomerealty
Added: Mar 28 Changed: Oct 25 Last Checked: Oct 26 at 3:53AM

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 Flowers Home Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,240-square-foot restaurant property includes a functioning commercial kitchen, two walk-in coolers, and storage areas. Built in 1960, the building is configured for restaurant use.

The property is located at 204 W Gallatin Street in Vandalia, Illinois.

Key Highlights

  • 3,240‑square‑foot restaurant property
  • Functioning commercial kitchen
  • Two walk‑in coolers

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62471, IL

10,530
Population
4,025
Households
2.6
Avg Household Size
40
Median Age
20%
College-Educated
88%
High-School Grad
128.2 sq mi
ZIP Area
82
Density / Sq Mi
$58,810
Median Household Income
$33,286
Median Earnings
$739
Median Rent
$119,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A commercial kitchen, two walk-in coolers, and storage support restaurant operations.
Where is this conventional restaurant located?
The property is located at 204 W Gallatin Street Vandalia, IL.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 3,240‑square‑foot restaurant property; Functioning commercial kitchen; Two walk‑in coolers
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