808 E Broadway, Alton, IL 62002
Business - Alton, IL
- Added:
- May 29, 2026
- Days on Market:
- 3
- Last Refresh:
- May 31 at 3:06 pm
Property Features for 808 E Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Parking
- 50
- Security features
- Security System
- Exterior features
- Fencing
- Fencing
- Fenced
- Standard status
- Active
- APN
- 23-2-07-13-05-107-018
- Size
- 2,900 SF
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6744
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1994
- Flooring type
- Concrete
- Building materials
- Metal Siding
- Architectural style
- Other
Listing agent Mark Harman License #471015081 (618) 971-7720
Listing office Tarrant and Harman Real Estate and Auction Co 3644 Fosterburg Rd., Alton, IL (618) 433-9436
Listing date May 29, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location near the Clark Bridge in Alton, offering excellent visibility and easy access.
- Fully equipped, move‑in‑ready automotive shop with four vehicle lifts, including heavy‑duty models.
- Spacious shop area with four bays, large overhead doors, and approximately 14‑foot ceilings.
- Durable metal siding and a two‑tier gravel and asphalt parking lot provide customer convenience and ample vehicle storage.
- Comfortable office and reception area with central air conditioning, a break room/security room, and two half bathrooms (one handicap accessible).
- Dual overhead gas furnaces and a heavy‑duty air compressor ensure efficient shop operation.
Overview
Local Financial Insights For 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 | $52.2k | $18.00 |
| − Vacancy | −$1.4k | −$0.47 |
| EGI | $50.8k | $17.53 |
| − OpEx | −$15.3k | −$5.26 |
| NOI | $35.6k | $12.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Fix Flats Auto Repair — alton, il 62002
- Evolution Cycles — 1204 E Broadway, Alton, IL 62002
- Ron's Autobody — 833 E Broadway, Alton, IL 62002
- Berger Automotive — 927 E Broadway, Alton, IL 62002
- Drake Tire & Auto Service, LLC — 1214 E Broadway, Alton, IL 62002
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Madison
- State
- Illinois
- Longitude
- -90.172889
- Latitude
- 38.889477