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    Godfrey, IL Restaurants for Sale

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    Alton, IL Cottage Hills, IL East Alton, IL Jerseyville, IL Brighton, IL Bethalto, IL Wood River, IL Elsah, IL
    Restaurant Storefront For Sale
    Updated: Jun 4
    Restaurant Storefront For Sale

    2720 Grovelin Street, Godfrey, IL 62035

    $49,500
    Breakfast and diner‑style restaurant storefront for sale at 2720 Grovelin Street in Godfrey, Illinois
    Built in 1983
    Central air and forced‑air heating
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Godfrey, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Retail with Drive-Up Window
    Multi-Tenant Retail with Drive-Up Window

    15285 New Halls Ferry Rd, Florissant, MO 63031

    Contact for pricing
    6,642 sqft 2.27 AC lot

    6,642 SF multi-tenant retail on a 2.27-acre parcel with available divisible space and drive-up window potential.

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    Restaurant Property For Sale
    Restaurant Property For Sale

    15285 New Halls Ferry Rd, Florissant, MO 63031

    Contact for pricing

    Restaurant property available for sale at 15285 New Halls Ferry Rd, suited for operators seeking a commercial restaurant location.

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    Mixed-Use Downtown Restaurant & Apartments
    Mixed-Use Downtown Restaurant & Apartments

    119 W 3rd Street, Alton, IL 62002

    Contact for pricing

    Mixed-use building with restaurant and bar plus four apartments and outdoor patio, near the Mississippi River.

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    Taco Bell Absolute NNN Restaurant
    Taco Bell Absolute NNN Restaurant

    70 Homer M Adams Pkwy, Alton, IL 62002

    Contact for pricing

    Absolute NNN lease with 1.5% annual rent increases and remaining base term through 12.5 years.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flat Commercial Development Land
    Flat Commercial Development Land

    6713 GODFREY RD, Godfrey, IL 62035

    $1,490,000
    18.16 AC lot

    Flat, approximately 18 acres of commercial land with direct access from Godfrey Road and all public utilities available.

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    Two-Elevator Medical Office Building
    Two-Elevator Medical Office Building

    1 Professional Drive, Alton, IL 62002

    $4,000,000
    64,800 sqft 4.33 AC lot

    Two-story brick medical office on 4.33 acres with a large asphalt parking lot and easy access to major highways.

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    Corner Commercial Building Site
    Corner Commercial Building Site

    1300 E Edwardsville Road, Wood River, IL 62095

    $44,900

    Corner commercial-zoned parcel on a high-traffic corridor near established retail tenants like Dairy Queen and Jimmy Johns.

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    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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    Off-Market Properties in Godfrey, IL

    Consider similar Off-Market properties in Godfrey, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5771 Godfrey Rd
    Restaurants

    5771 Godfrey Rd, Godfrey, IL 62035

    Value Estimation by Request
    96,921 sqft
    View details

    Godfrey, IL Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Godfrey, IL on our real estate platform.

    Sale prices for restaurant properties in Godfrey, IL average $49,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) -3.7%
    Median Household Income $91,696
    College Educated 43.8%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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