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Tavern Property With Rental Units
For Sale
$250,000

931 & 935 Niedringhaus Avenue, Granite City, IL 62040

Operating tavern property with two commercial buildings and attached residential accommodations.

Property SizeContact for details
Days on Market11

Property Features for 931 & 935 Niedringhaus Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,891

Building Details

Year Built 1913
Stories 1
Listing Agency: The Auction House Company
Listed By: Bill Scaturro · License #RASI
Source: Exit2newbeginningz
Added: Aug 10 Changed: Aug 19 Last Checked: Aug 20 at 2:02PM

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 The Auction House Company

Investment Insights

Based on property information with market context.

This 1913-built tavern property combines hospitality operations with residential components across multiple buildings. The primary parcel includes the tavern and a tenant-occupied two-bedroom, one-bathroom rental home with a carport. A second full-brick commercial building contains a gaming facility and bar, along with an attached studio apartment occupied by a tenant for more than 30 years.

The property is located at 931 & 935 Niedringhaus Avenue in Granite City, approximately one-half mile from The District and within walking distance of Granite City's Civic Park. The commercial buildings are suited to the existing tavern and gaming uses, with the source information also identifying capacity for private parties, receptions, celebrations, and other special events.

Key Highlights

  • 1913‑built tavern property with multiple commercial and residential buildings
  • Tenant‑occupied 2‑bedroom, 1‑bathroom rental home with carport
  • Second full‑brick commercial building operates as a gaming facility with a bar

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Skin Care Clinic HVAC Service Spa & Massage Center

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

261
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
4,187 visits/mo 0.5 miles

Demographics for 62040, IL

40,872
Population
18,842
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
1,024
Density / Sq Mi
$60,558
Median Household Income
$40,963
Median Earnings
$852
Median Rent
$106,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Downtown Pub & Grill 1413 E 20th St, Granite City, IL 62040
  • Tj's Place 1539 Madison Ave, Granite City, IL 62040
  • The Imperial Pub And Club 1413 E 20th St, Granite City, IL 62040
  • Kramdens Bar & Grill 1348 Madison Ave, Madison, IL 62060
  • Elgato Tavern 1800 Delmar Ave, Granite City, IL 62040

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operating tavern property with two commercial buildings and attached residential accommodations.
Where is this bar & pub located?
The property is located at 931 & 935 Niedringhaus Avenue Granite City, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1913‑built tavern property with multiple commercial and residential buildings; Tenant‑occupied 2‑bedroom, 1‑bathroom rental home with carport; Second full‑brick commercial building operates as a gaming facility with a bar
More about this property
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