321 NE MADISON AVE Active Save Request In-Person Tour Request Virtual Tour
Peoria,IL 61603
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $259
MLS Listing ID CA1035048
Originating Board rmlsa
Annual Tax Amount $50,088
Tax Year 2023
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Commercial
Property Description
Discover an extraordinary opportunity to own a piece of history and a turnkey business! This iconic downtown restaurant and brewpub boasts $2.1 million in annual sales, with over $3 million invested in renovations just five years ago. Timeless Architectural Beauty: Built in 1870 and fully remodeled in 2016, this space combines historic charm with modern functionality. Recognized with award-winning architecture, it's as visually stunning as it is operationally efficient. Prime Location: Nestled in the heart of downtown, just steps from the riverfront, this venue offers high visibility and accessibility for locals and tourists alike. Full-service kitchen supporting a 150-seat dining room (10,000 sq ft). Spacious outdoor patio featuring bocce ball, bags, and a family-and pet-friendly atmosphere. Brewhouse (2600 sq ft) with a 15-barrel capacity, producing an ever-changing lineup of in-house brews. Enclosed beer garden with a full bar, perfect for hosting private events or live entertainment.
Location
State IL
County Peoria
Area Any Other Areas
Direction Spaulding Ave to NE Madison.
Interior
Heating Forced Air
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces Spaulding Ave to NE Madison.
Sewer Public Sewer
Water City Water/Connected
Structure Type Brick,Stone,Frame
Others
Tax ID 18-04-478-004
Virtual Tour https://sites.exposurerealestatemedia.com/321-NE-Madison-Ave/idx