IL > Peoria
Peoria, IL 61603,321 NE MADISON AVE
Peoria, IL 61603,321 NE MADISON AVE
Peoria, IL 61603,321 NE MADISON AVE
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Dan Sperry • The Real Estate Group, Inc.
$2,800,000
Est. payment /mo
10,800 SqFt
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UPDATED:

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

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agent

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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321 NE MADISON AVE

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