1013 Main StEdwardsville, IL 62025

  • Commercial real estate
  • 3,522 SF
For Lease
$11.09/SF/YR View listing

Property Details for 1013 Main St

Year built
1970
Lot size
0.25 AC
Property size (Sq ft)
3,522 SF
Property type
Commercial real estate
APN
14-2-15-11-05-103-001
APU
142151105103001

Description

This exceptional turnkey restaurant and bar opportunity is located at 1013 N Main St, Edwardsville, IL 62025. The property, situated on a 0.25-acre lot, boasts a total of 4,328 square feet across two stories within a single building. Built in 1970 and extensively renovated in 2021, this property is move-in ready. The building is zoned B-2, offering flexibility for various uses. All furniture, fixtures, and equipment are included, representing a significant advantage for a prospective owner. The property features off-street parking, convenient for both staff and patrons. The existing clientele and established customer base provide a solid foundation for immediate revenue generation. This prime location on North Main Street places the business in a high-growth area of Edwardsville, ensuring continued success. The property's APN is 14-2-15-11-05-103-001, and it's located in Madison County. This is a rare chance to acquire a thriving, well-maintained establishment with significant upside potential. The entire 4,328 square feet is currently vacant and available for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $984,992
    Hospitality
    $902,247
    Educational
    $750,659
    Medical
    $776,476
    Retail
    $1,167,692
1013 Main St, Edwardsville, Illinois

Location Insight

City
Edwardsville
County
Madison
State
Illinois
Latitude
38.818
Longitude
-89.9638
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,722
$15,820
$63,180
$79,000
-
$47,460
$189,540
$237,000

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