Property profile

5150 State Route 140 Bethalto, IL 62010

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5150 State Route 140 Bethalto, IL 62010
Bethalto metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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