3401 Century Dr, Granite City, IL 62040-2179
This exceptional 5,400-square-foot commercial property, built in 2005, presents a unique investment opportunity. Situated on 5.19 acres in Granite City, Illinois (62040), at 3401 Century Dr, this former VFW hall boasts a spacious layout ideal for diverse uses. The property includes a fully equipped kitchen featuring stainless steel prep tables, a walk-in cooler, and a fire suppression system. A full bar, ample seating areas, and separate men's and women's restrooms are also included. All existing furnishings, including tables, chairs, bar stools, and kitchen equipment, are part of the sale. Exterior features include a large paved parking lot, a convenient storage shed, and an outdoor pavilion with tables. Its prime location near the interstate provides excellent accessibility. The asking price is $575,000. This property is well-suited for a variety of commercial ventures, including restaurants, bars, retail spaces, or office uses. The single-story building offers significant potential for adaptation and customization to meet specific business needs. The expansive lot size provides ample room for expansion or additional development. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2013Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.