The Excellence of living in Wrapche

119 W 3rd Street

Alton, IL 62002

MLS#: 26036927

$699,000

Status: Active
Listing number: 26036927
Listing provided by: Coldwell Banker Brown Realtors
Listing agent phone: None
Last update: 13 days ago
On site: 13 days ago
Browse Properties
Godfrey & Gilmans Add - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1891

Sq.Footage

10,200

Excellent investment opportunity to own a mixed-use commercial property in the heart of downtown Alton's entertainment district, just blocks from the Mississippi River. This income producing building features a restaurant and bar on the main level, complete with a fenced outdoor patio perfect for dining, entertainment, and special events. The upper levels include four residential apartments(2-two bedroom and 2-one bedroom apartments), providing consistent rental income. An expansive storage area offers great potential for redevelopment into additional apartment units, creating upside for future cash flow. Also located on the main level is a salon space and restaurant/retail area with outside patio, adding additional income streams and enhancing the property's diverse investment income mix. With its combination of commercial, residential, and redevelopment potential, this unique property offers a rare chance to invest in one of Alton's desirable downtown locations.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Other, Wood Siding

  • Parking

    Alley Access, Asphalt, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.0559

  • Lot Size(square feet)

    2435.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $699,000

  • Tax Amount

    $16,513

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Foundation Details

    Slab, Stone

  • Ownership

    Private

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Madison

Elementary School

Middle School

High School

Listing Courtesy of Rick Lauschke , Coldwell Banker Brown Realtors

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Franko Maric

AGENT

Franko Maric

Call Franko today to schedule a private showing.

(341) 209-1143

franko+wrapche@init.hr


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Excellent investment opportunity to own a mixed-use commercial property in the heart of downtown Alton's entertainment district, just blocks from the Mississippi River. This income producing building features a restaurant and bar on the main level, complete with a fenced outdoor patio perfect for dining, entertainment, and special events. The upper levels include four residential apartments(2-two bedroom and 2-one bedroom apartments), providing consistent rental income. An expansive storage area offers great potential for redevelopment into additional apartment units, creating upside for future cash flow. Also located on the main level is a salon space and restaurant/retail area with outside patio, adding additional income streams and enhancing the property's diverse investment income mix. With its combination of commercial, residential, and redevelopment potential, this unique property offers a rare chance to invest in one of Alton's desirable downtown locations.

119 W 3rd Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Kornelije Josić via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Two parcels sold together (23-2-07-14-08-203-008 & 23-2-07-14-08-203-008.001) ..... 528 E. Broadway, Alton – This one story warehouse building has 4,037 square feet, Lot Size = 60 x 113 & Taxes = $771 annually. Has a nice setback from a busy section of Broadway across from many events in Alton’s Riverfront. The large area out front could be used for extra parking, patio space or possibly a garden center. New insulated TPO roof and then a 5,000 ft. exposed courtyard enclosed in the rear. This building is located in the Alton Tiff District. 538 E. Broadway, Alton – This two story masonry structure has 3,354 square feet, Lot Size = 28 x 113 & Taxes = $770 annually. Has new insulated TPO roof. Building has been completely gutted and is ready for a new build out. Full basement with concrete floor. First floor has new plywood subfloor. Second floor is gutted to the studs and can be built out as mixed use residential more commercial space. Excellent Broadway location across from the pedestrian bridge that enters the amphitheater. This is located in the Alton Tiff District.
#26019022

Alton

528 E Broadway

None Beds

None Baths

N/A

$799,000

MLS#: 26019022

An exceptional turnkey business opportunity awaits in the heart of historic downtown Alton with the sale of Morrison’s Irish Pub, a well-established and fully operational Irish pub. This beloved corner property combines rich heritage, strong community ties, and an inviting pub atmosphere, making it a rare find for investors or owner-operators seeking a turnkey business in a vibrant location. Morrison’s Irish Pub has built a strong reputation for its hearty Irish-American cuisine, extensive whiskey and craft beer selection, and vibrant entertainment offerings, including live music on weekends. The property includes approximately 3,000 square feet of mixed-use space across three levels. The main floor features a cozy, fully furnished bar and dining area with seating for around 50 guests. The space has been thoughtfully designed with exposed brick walls, handcrafted woodwork, barnwood flooring, and authentic Irish decor—creating a warm, welcoming environment that has become a favorite among locals and visitors alike. A fully equipped commercial kitchen and custom-built bar make this a ready-to-go operation. With 12 beer taps, a full bar, and a loyal customer base, the pub enjoys excellent reviews across TripAdvisor, Yelp, and Google. All furniture, fixtures, equipment, and branding are included in the sale, allowing for a smooth transition for the next owner. The second and third floors offer approximately 2,000 square feet of living space with a private entrance, featuring 2 bedrooms, 2.5 bathrooms, a full kitchen, dining area, and living room—perfect for owner occupancy, extra office space, or storage.
#25064790

Alton

200 State Street

None Beds

None Baths

3,000 Sq.Ft.

$589,000

MLS#: 25064790

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Kornelije Josić via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Area

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Kornelije Josić via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service