Renee Estes, Realtor
Renee Estes-Leading Agent Multiple Offer sales/ listings
REALTOR®, Realtor/ Broker
MLS#26013411
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONMillstadt Village
Property Description
Prime commercial opportunity in the heart of downtown Millstadt. Turnkey Restaurant Multi-Unit Income Property High-Visibility Corner LotStep into a fully operational restaurant space with pizza oven, salad bar, walk-ins, two dining rooms, private office, and a gaming room with space for 6 machines (pending approval). Plenty of outdoor parking with room for outdoor seating expansion. Three additional income-producing units include a 1,600 sq ft commercial space (occupied), a large 2-bedroom apartment (occupied), and a 400 sq ft storage unit (leased). With a new roof (2019), stable tenants, and a fully equipped restaurant ready for takeover or rebranding, this property is ideal for investors, operators, and hospitality groups. Seller open to creative structures, including a lease-to-own option for the restaurant business as a stand-alone opportunity. Located minutes from St. Louis and a short drive to Scott Air Force Base, this property benefits from strong local traffic, regional visitors, and Millstadt's growing restaurant and hospitality scene. Located just minutes from St. Louis and a short drive to Scott Air Force Base, this property benefits from strong local traffic, regional visitors, and a steady flow of military personnel and families who support Millstadt's thriving dining culture.
Property Features
Property Type: Commercial -
Cooling: Central Air, Electric
Heating: Forced Air, Natural Gas
Lot Size: 0.38 Acres
Taxes: $11,940
Year Built: 1960
Feature Descriptions
Appliances: Cooktop, Freezer, Microwave, Oven, Refrigerator, Water Heater
Current Use: Mixed Use
Days on Site: 4
Electric: Ameren
Exterior: Aluminum Siding, Brick
Parcel#: 12-09.0-415-017
Road Frontage: City Street
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keller Williams Marquee
Shown By
Agent Name: Renee Estes, Realtor
Agent Phone: (618) 791-1543
Agency Title: Strano & Associates
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105 S Jefferson Street | MLS# 26013411
This commercial property located at 105 S Jefferson Street, Millstadt, IL 62260 is currently listed for sale with an asking price of $550,000. Search Millstadt real estate on www.shophouseswithrenee.com today.