208 3RD STREET Alton, IL 62002

presented by:
Lisa Funk
RE/MAX Alliance
618-910-3865
$375,000
208 3RD STREET Alton, IL 62002
12000 Square Feet
Tax History: $6047 - 2019
Estimated Payment: $1,776 Per Month*
Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]
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Property Description

$375,000  , Located in N/A,  ALTON.   ZIP Code: 62002

Historic double storefront in downtown Alton's tif district. This restaurant/bar, Ragin Cajun, has been a staple in downtown Alton for the last 11 years. This entertainment district garnishes impressive sales history and lots of foot traffic. 1st floor consists of solid terrazzo flooring, and 4,500 sq. ft. of restaurant seating, bar, stage, bathrooms, and commercial kitchen. Seating for over 200 people, walk-in cooler, 10ft hood with newer fire suppression system and covered patio measuring 14x50. 2nd floor mezzanine level has 2 additional bathrooms, second bar, banquet room, and a one of a kind 2nd story balcony and covered patio measuring 14x50. 3rd floor is also 4,500 sq. ft. unfinished space featuring new custom sound-proof windows. Full dry basement with concrete floor. The business holds a transferable off site liquor and food catering license and an Alton late liquor hours license. New commercial hybrid water heater in 2018. One new furnace and central air in 2020. Zoned HVAC.
This property is located on 0.103 Acre(s).

Near By Listings
104 3rd Alton, IL 0.07 miles
Main Features:
Approximate lot size is 0 Acre(s)
MLS#: 21030424
Listing ID: 1199
Updated: 83 days ago
Days on site: 24 days

Listing provided by

Lisa Funk
RE/MAX Alliance
* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

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