230 St Louis St Lebanon, IL 62254
- Retail properties
- 3,344 SF
- 0.04 lot acres
Current Use by Public Records
- Retail properties
Property Details for 230 St Louis St
- Year built
- 1868
- Lot size
- 0.04 lot acres
- Property size
- 3,344 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turnkey opportunity in historic Lebanon, IL, presents a charming, fully furnished restaurant and a spacious 3-bedroom, 2-bathroom bed and breakfast suite. The main level restaurant boasts a vintage soda fountain theme, complete with commercial-grade kitchen equipment, creating an inviting atmosphere. Upstairs, the B&B features a large living room, kitchenette, and laundry facilities, perfect for owner occupancy or short-term rentals. The 3,344 square foot, two-story building, constructed in 1868 and renovated in 1970, sits on a 0.04-acre lot and is zoned for commercial business use. Its prime location near McKendree University, Scott Air Force Base, MidAmerica Airport, and Boeing's new facility ensures consistent customer traffic. This unique property offers a blend of hospitality and retail, making it an ideal investment for aspiring restaurateurs or savvy investors seeking a profitable, established business in a thriving community. The asking price is $695,000. All information should be verified by the buyer or buyer's agent.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.8103
- Latitude
- 38.6039
