5150 State Route 140, Bethalto, IL 62010
This exceptional commercial property, located at 5150 State Route 140 in Bethalto, Illinois (zip code 62010), presents a significant investment opportunity. The property is classified as industrial and land, with a warehouse subtype, encompassing a substantial 19,998 square foot lot. Currently configured as a bar and restaurant, the property boasts a long L-shaped bar with ample seating, a raised stage perfect for live music and dancing, and a fully equipped kitchen. Kitchen upgrades include a deep fryer, a custom hood with an Ansul fire suppression system, and an on-demand hot water heater, ensuring operational efficiency and safety. The outdoor area features a fenced Biergarten, providing additional space for patrons. The property benefits from a high traffic count of 6800 vehicles, ensuring excellent visibility and accessibility. Abundant parking is available on-site. This versatile property offers significant potential for a variety of commercial uses, making it an attractive investment in a desirable location. The asking price for this exceptional property is $379,000. This is a rare opportunity to acquire a well-established commercial property with significant upside potential in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.