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New Athens, IL Restaurants for Sale

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Freeburg, IL Mascoutah, IL Hecker, IL

Versatile Commercial Building with Banquet Hall

$69,900

4,936 SF

Versatile Commercial Building with Banquet Hall

208 Kaskaskia Street, New Athens, IL 62264

Spacious commercial building with banquet hall, kitchen, and parking.

Large banquet hall with stage, suitable for various events.
Commercial registered kitchen, ready for food service operations.
Two attached parking lots for ample parking.
Almost 5000 sq ft brick building offering substantial space.
Versatile property suitable for multiple business types (restaurant, bar, church, etc.).

Updated: May 8

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Athens, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Millstadt Mixed-Use Investment Opportunity

$550,000

16,553 SF

Millstadt Mixed-Use Investment Opportunity

Turnkey restaurant and multi-unit income property on a high-visibility corner.

105 S Jefferson Street, Millstadt, IL 62260

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$550,000

16,553 SF

Mixed Use - Millstadt, IL

Turnkey restaurant and multi-unit income property on a high-visibility corner.

105 S Jefferson St, Millstadt, IL 62260

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Belleville Neighborhood Bar with Beer Garden

$350,000

1,732 SF

Belleville Neighborhood Bar with Beer Garden

Neighborhood bar with beer garden and gaming machines for sale.

907 N IIllinois St, Belleville, IL

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$1,400,000

6,256 SF

Winery, Wedding Venue For Sale

Established winery and wedding venue on 21 acres near St. Louis.

1720 E State Route 15, Belleville, IL 62220

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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.

$789,000

4,820 SF

Hecker Entertainment Hotspot For Sale

Popular Monroe County dining and entertainment venue with outdoor stage.

310 E Back Street, Hecker, IL 62248

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$250,000

1.68 Acres

Commercial Lot in Sparta Square

Commercial land for sale in Sparta, Illinois, near retailers.

1302 N MARKET Street N, Sparta, IL 62286

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$80,000

Commercial Corner Lot in New Baden

Commercial corner lot in a growing town near I-64.

91 Weatherholt Drive, New Baden, IL 62265

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$1,960,200

1,296 SF

Prime Commercial Land For Sale

15 acres of commercial land in a high-traffic area.

O Fallon, IL 62269

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New Athens, IL Restaurants Investment Opportunities Market Analysis

Explore 1 restaurants for sale in New Athens, IL on our real estate platform. These investment opportunities span a total of 4,936 square feet of properties for sale, with an estimated market value of $69,900.

Sale prices for restaurant properties in New Athens, IL start at $69,900, averaging $69,900, and reaching up to $69,900 — 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

Demographics Overview

Population 3,152

Population Growth (5Y) -15.8%

Median Household Income $61,174

College Educated 18.1%

High-Yield Neighborhoods for Strategic Investment

Identify New Athens submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
62264	$74.9K

Taxes & Financing

Average Loan-to-Value 65.0%

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New Athens, IL Restaurants for Sale

Versatile Commercial Building with Banquet Hall

Spacious commercial building with banquet hall, kitchen, and parking.

Opportunities in Nearby Cities