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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3685 Nameoki Rd Granite City, IL 62040

1,424 SF 0.48 ac lot Built 1986
Property ID
Property summary
AI-generated overview

This exceptional restaurant opportunity is located at 3685 Nameoki Road in Granite City, Illinois, 62040. The property boasts 1,424 square feet of space within a building constructed in 1986 and renovated in 2015. The building sits on a 0.48-acre lot and is zoned C-5, offering flexibility for various commercial uses. The property features a potential drive-up window, ideal for quick service or convenient customer access. Its location on Nameoki Road ensures high visibility and significant traffic exposure, making it an attractive proposition for a thriving business. The asking price for this turnkey restaurant opportunity is $300,000. The property's APN is 22-1-20-08-10-101-006.001. This is a single-tenancy property offering a unique chance to establish or expand a successful restaurant venture in a prime commercial location within Madison County. The building's size and layout provide ample space for both front-of-house operations and back-of-house functions. The 2015 renovation ensures the property is in excellent condition and ready for immediate occupancy. Don't miss this chance to own a well-situated restaurant in a high-traffic area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1986
Total area 1,424 SF
Lot 0.48 ac (20,909 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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