602 Belle St, Alton, IL 62002-6168
This thriving, well-established bar in Alton, Illinois presents a unique investment opportunity. Located at 602 Belle Street, this 0.28-acre property is offered at $270,000. The business is being sold "as is" and is fully operational and turnkey, meaning a seamless transition for the new owner. All inventory is included in the sale price. The bar boasts a spacious dance floor, perfect for hosting themed nights and special events, contributing to its strong revenue stream. A versatile event room provides additional income potential, suitable for private parties, community gatherings, or themed celebrations. The property also features an attractive outdoor patio complete with a waterfall and comfortable seating, creating a relaxing atmosphere for patrons. Adding to the revenue streams, video gaming is available on-site. Recent improvements include a new sewer system, HVAC upgrades, and commenced window repairs and tuckpointing. This well-known local favorite enjoys a loyal customer base and a vibrant, inclusive atmosphere. This is a rare chance to acquire a profitable and established business in a desirable location. The property's features and strong revenue streams make it an attractive investment for experienced entrepreneurs.
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Bubby & Sissy's Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.