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This property includes the commercial retail space, warehouse and two car garage. The one storefront is a well established restaurant and shares a common storage area. There is a long time tenant renting the warehouse on a month-to-month basis. The commercial buildings and land are included in the sale. Furniture and fixtures are not included in the sale. Potential rental income from the storefronts could be $7,500 per month or more.

Highlights

  • Commercial Sale
  • Retail
  • Built in 1977
  • 1.0 Acre Lot
  • 747 days on Market

  • Year Built
    1977
  • Stories
    1.0
  • Construction Materials
    Brick, Other, Block, Concrete
  • Parking Features
    Paved, Asphalt
  • Living Area
    7126.0
  • Security Features
    Smoke Detector(s), Security System
  • Cooling
    Central Air, Electric
  • Heating
    Forced Air, Natural Gas, Electric

  • Acres
    1.0
  • Utilities
    Cable Available, Sewer Available, Electricity Available, Water Available, Natural Gas Available
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1856 E Broadway?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1856 E Broadway.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1856 E Broadway?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $550,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Alton, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1856 E Broadway?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1856 E Broadway at around $3,418. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1856 E Broadway?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1856 E Broadway?

In most cases, yes. Whether 1856 E Broadway is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alton's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1856 E Broadway?

We can handle that for you. Our preferred local agent specializes in commercial sales in Alton and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $550,000 with 7,126 sqft of space—that comes out to approximately $77 per square foot.

How long has this property been on the market?

1856 E Broadway was listed on October 24, 2024, which means it's been on the market for 747 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1977, making it approximately 49 years old.

What is the lot size of this property?

1856 E Broadway sits on a 1.0-acre lot, which is 43,560 square feet.

What are the property taxes for 1856 E Broadway?

The most recent public record shows annual property taxes for 1856 E Broadway were approximately $3,463. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1856 E Broadway still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 12:10PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 24063235