For Sale
$695,000

230 St Louis StLebanon, IL 62254

Turnkey restaurant & 3-bedroom B&B

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional turnkey opportunity in historic Lebanon, IL, presents a charming, fully furnished restaurant and a spacious 3-bedroom, 2-bathroom bed and breakfast suite. The main level restaurant boasts a vintage soda fountain theme, complete with commercial-grade kitchen equipment, creating an inviting atmosphere. Upstairs, the B&B features a large living room, kitchenette, and laundry facilities, perfect for owner occupancy or short-term rentals. The 3,344 square foot, two-story building, constructed in 1868 and renovated in 1970, sits on a 0.04-acre lot and is zoned for commercial business use. Its prime location near McKendree University, Scott Air Force Base, MidAmerica Airport, and Boeing's new facility ensures consistent customer traffic. This unique property offers a blend of hospitality and retail, making it an ideal investment for aspiring restaurateurs or savvy investors seeking a profitable, established business in a thriving community. The asking price is $695,000. All information should be verified by the buyer or buyer's agent.

Highlights

  • $695,000 asking price for a mixed-use property in Lebanon, IL.
  • 3,344 square foot building with a 3-bedroom, 2-bathroom bed and breakfast suite.
  • Turnkey restaurant and bed and breakfast operation, fully furnished with vintage decor and commercial kitchen equipment.
  • Located in historic Lebanon, IL, near McKendree University, Scott Air Force Base, MidAmerica Airport, and Boeing.
  • Built in 1868, renovated in 1970, two stories, on a 0.04-acre lot, with Commercial Business zoning.
  • Broker co-op available.

Property Details for 230 St Louis St

Property type
Retail properties, Restaurants
Square Feet
3,344 SF
Year Built/Renovated
1868/1970
Stories
2
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Lebanon
County
St. Clair
State
Illinois
Latitude
38.603913939939
Longitude
-89.810285308589
230 St Louis St, Lebanon, Illinois

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Contacts

Hoa Nguyen
Hoa Nguyen
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230 St Louis St, Lebanon, Illinois, 62254

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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230 St Louis St
  • Hoa Nguyen
    Hoa Nguyen
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