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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 Dow, IL Wood River, IL
    Restaurant Storefront For Sale
    Updated: Jun 4
    Restaurant Storefront For Sale

    2720 Grovelin Street, Godfrey, IL 62035

    $45,900
    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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    See hot listings in Godfrey

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    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.

    Mixed-Use Building with Three Storefronts
    Mixed-Use Building with Three Storefronts

    215 W 3rd Street, Alton, IL 62002

    $300,000
    0.13 AC lot

    Brick commercial property pairs multiple retail spaces with upper-level apartment units in downtown Alton.

    View details
    Mixed-Use Building with Patio
    Mixed-Use Building with Patio

    119 W 3rd Street, Alton, IL 62002

    $699,000
    0.06 AC lot

    Brick property combines commercial space with four residential apartments.

    View details
    Drive-Through NNN Coffee Property
    Drive-Through NNN Coffee Property

    8180 N. Lindbergh Blvd., Florissant, MO 63031

    Contact for pricing
    541 sqft

    A 2024-built coffee location combines an absolute NNN lease with scheduled rent increases and multiple renewal options.

    View details
    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.

    View details

    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.

    Commercial Land with Direct Access
    Commercial Land with Direct Access

    6713 GODFREY RD, Godfrey, IL 62035

    $1,490,000
    18.16 AC lot

    Flat commercial land with direct roadway access and public utilities available.

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    Commercial Corner Land
    Commercial Corner Land

    1300 E Edwardsville Road, Wood River, IL 62095

    $44,900

    Commercial zoning with public water and public sewer available.

    View details
    Commercial Land with Concrete Pad
    Commercial Land with Concrete Pad

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Unzoned parcel with a concrete pad and new electric and water service.

    View details
    Signalized Corner Commercial Land
    Signalized Corner Commercial Land

    9499 Lewis And Clark Boulevard .88 Acres Corner Lot, St, Louis, MO 63136

    $632,000
    0.88 AC lot

    Commercial land with dual-road access, public water, and exposure at a signalized intersection.

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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

    Estimated value:
    No data
    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 $45,900 — 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
    Commercial kitchens 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Godfrey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62035 $49.5K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Office

    Residential Income

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