For Sale
$695,000

230 Saint Louis St Lebanon, IL 62254

Turnkey Restaurant, 3-Bedroom B&B Suite

Overview

Added:
Feb 3
Days on market:
78
This exceptional property in historic Lebanon, IL presents a unique investment opportunity: a fully operational restaurant and a three-bedroom, two-bathroom bed and breakfast suite. The main level restaurant boasts a charming, classic soda shop ambiance, complete with vintage dГ©cor and a fully equipped commercial kitchen, ready for immediate operation. This turnkey setup eliminates the need for extensive renovations or equipment purchases, allowing for a seamless transition into ownership. Upstairs, the spacious bed and breakfast suite offers a comfortable living room, a convenient kitchenette, and a laundry area. This versatile space is ideal for owner occupancy, providing convenient on-site living, or for generating additional income through short-term rentals. The property's strategic location near McKendree University, Scott Air Force Base, MidAmerica Airport, and Boeing's new facility ensures high visibility and a consistent flow of potential customers. The 0.04-acre lot provides ample space for the existing buildings. This rare combination of a thriving restaurant and a lucrative bed and breakfast presents a compelling opportunity for both seasoned entrepreneurs and first-time investors seeking a profitable and established business in a desirable location. All information should be independently verified by the buyer.

Property Details for 230 Saint Louis St

Property type
Commercial real estate
Year Built
1868
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Lebanon
County
St Clair-IL
State
Illinois
Latitude
38.60372
Longitude
-89.81024

FAQs

What type of property is this?
Commercial real estate - Turnkey Restaurant, 3-Bedroom B&B Suite
Where is the commercial real estate located?
The property is located at 230 Saint Louis St Lebanon, IL.
What is the asking price?
The asking price for this property is $695,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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230 Saint Louis St
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