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About This Home

This 0-bedroom, 0-bathroom commercial at 105 S Jefferson Street in Millstadt, IL is listed for $550,000 ($33 per sqft). Built in 1960, the home offers 16,553 sqft of living space on a 0.38 acres lot.

Agent Description

Prime commercial opportunity in the heart of downtown Millstadt. Turnkey Restaurant • Multi-Unit Income Property • High-Visibility Corner Lot

Step 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.

Key Features

  • Built in 1960
  • 0.38 acre lot

Property Details

1960

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

105 S Jefferson Street

Millstadt, IL 62260

Millstadt Village

Property Details

Flooring

Linoleum

Construction

Aluminum SidingBrick

Heating

Forced AirNatural Gas

Cooling

Central AirElectric

Appliances

CooktopFreezerMicrowaveRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 105 S Jefferson Street is listed at $550,000 ($33/sqft). The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.38 acre lot.

This property is listed by Jen Sukup and can be reached at 6183075616 or Jennsukup@kw.com.

JS

Jen Sukup

Agent at Keller Williams Marquee

(618) 307-5616

Listed by Keller Williams Marquee · View on Broker Site

MLS# 26013411· Source: listhub· Updated today

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105 S Jefferson Street, Millstadt, IL 62260

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