Active
101 N 7TH Street
Petersburg IL, 62675
$2,900,000
$232.00 per sqft
Active
12,500 sqft
Commercial
Broadgauge was built in 1872 as Central Illinois' first "mega-store. In 2021, it was fully restored to its original architectural glory and redeveloped into a restaurant and events venue. During the restoration of Broadgauge, it was redeveloped into a hospitality center with a restaurant and coffee shop/bakery on the first floor and an event space on the second floor. The first floor dining room features original woodwork with the Double-sided Grand Staircase. A 40 ft white granite topped bar was added underneath the Mezzanine. The second floor of Broadgauge hosts three event spaces all accessible via a new elevator. The restaurant comfortably can sit 90, plus bar and mezzanine seating. All equipment and furnishings will be included.
CA1033847
MLSⓇ ID
January 7, 2025
Listed
January 13, 2025
Updated
Map
101 N 7TH Street
Petersburg IL, 62675
Interior Features
Total Stories
2
Floor Description
Tile/Vinyl, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.45 Acres
Roof
Membrane
Sewer
Public Sewer
Other Property Details
Taxes
$6,274
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
Menard
Water Source
City Water - In Street
Pool
No
Zoning
Commercial
Listed by Dan Sperry with The Real Estate Group, Inc.
Listing Contact: Pref: 217-725-2467
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Based on information submitted to the MLS GRID as of 1/13/2025