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2204 Fosterburg Road

Alton, IL 62002
8,800 sqft
$1,100,000
Photo of 2204 Fosterburg Road Alton IL 62002

Details

Exceptional Bar and Grill on 2.57 Acres-Outskirts of Alton. Over 8,000 square foot of space, featuring a gaming room that has brought in an estimated $92,000 last year(owners have updated 5 out of 6 of the gaming machines), three full bars including an indoor bar with custom DJ stand/hook ups and mechanical bull, outdoor bar crafted from a full-size yacht creating unique serving station. Two stages, indoor stage perfect for bands/events, & outdoor stage perfect for band/concerts. The covered outdoor area is expansive and offers doors that lift open to another large outdoor seating area/stage. Flexible seating options for all weather & events. Also includes party bus, and additional lot for expanding the parking lot. Recently updated $0 POS system(leased), new Pepsi products/soda line system. All of the unique memorabilia included adding to the distinctive charm of the venue. Don't miss out on this fantastic opportunity for entrepreneurs looking to enter the restaurant & bar industry.

Specs

Type Commercial
Square Footage 8,800 sqft
Lot Size 2.57 acres
Year Built 1987
Taxes Paid $12,886

Lots & Building Features

Cooling Electric
Heating Forced Air
Parking Description Asphalt, Expandable
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 2.57 Acres ft

Room Details

Misc Description 2+ Lavatories, Building Sign, Burglar Alarm, Kitchen Facilities

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Financing

$
20%
1.1714545454545%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Alton
County Madison-IL
Subdivision N/A
Kelli Angleton, Market Pro Realty, Inc