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506 N Hanover Street

OKAWVILLE, IL 62271
  • $1,750,000
  • STATUS: Active
  • ON SITE: 188 Days
  • ID#: 21032061
UPDATED: 61 min ago
$1,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1891
County:

School Ratings & Info

Description

What a unique opportunity to own a one of a kind business that has been around since 1867. Take a step back in time when you visit this listing. Small town, simple life, & friendly people around every corner. The property has been giving mineral baths since 1868. Still drawing from the same springs to this very day. After your bath you can enjoy a sit in a sauna, relaxation cots, a personal massage, or a dip in the pool. The hotel currently has 36 rooms for guests in all different kinds of sizes. Plus a 3 bedroom apartment that an owner could live in or just rent it out for more income. The Boiler Room Restaurant offers a white linen dining experience. They are known for their American cuisine and serving Prime Rib 7 days week. There are 2 banquet rooms available to accommodate business or personal gatherings. Steampot Lounge is the bar in the rear of the building. The property has 2 parcels the block that the building stands plus an additional 3 acre parcel just east of the property.

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Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-12-03T10:39:21.35.

Elevate Realty LLC: 314-380-0581
www.explorestlouishomes.com/homes/117699380
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506 N Hanover Street OKAWVILLE, IL 62271

  • Price: $1,750,000
  • Status: Active
  • On Site: 188 Days
  • Updated: 61 min ago
  • ID#: 21032061
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1891
Built
County:
Washington-Il
Property Description
What a unique opportunity to own a one of a kind business that has been around since 1867. Take a step back in time when you visit this listing. Small town, simple life, & friendly people around every corner. The property has been giving mineral baths since 1868. Still drawing from the same springs to this very day. After your bath you can enjoy a sit in a sauna, relaxation cots, a personal massage, or a dip in the pool. The hotel currently has 36 rooms for guests in all different kinds of sizes. Plus a 3 bedroom apartment that an owner could live in or just rent it out for more income. The Boiler Room Restaurant offers a white linen dining experience. They are known for their American cuisine and serving Prime Rib 7 days week. There are 2 banquet rooms available to accommodate business or personal gatherings. Steampot Lounge is the bar in the rear of the building. The property has 2 parcels the block that the building stands plus an additional 3 acre parcel just east of the property.
Exterior Features

Attached Garage YN No Parking Features Gravel Road Frontage Type City Street Roof Built-UpMetal Unit Location Downtown

Interior Features

Cooling Wall Unit(S)ElectricOther Heating Forced AirSteamNone Heating YN Yes

Property Features

Association Realtor Association Of Southwestern Illinois Commercial Type Commercial LandHotel Land Cross Street Walnut St Current Use 3 Stories Or MoreMixed UseRestaurantBar/TavernMotel/HotelRestaurant Disclosures UnknownCode Compliance Reqd Electric 220 Volts Inclusions Land/Building & Bus Net Operating Income 0 Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 20673 Tax Year 2020 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas To SiteWater AvailableSewer AvailablePhone Available Water Source CisternPublicWell Zoning Commercial

Listing provided courtesy of Strano & Associates. Listing information © 2021 Mid America Regional Information Systems, Inc.
Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-12-03T10:39:21.35.

Elevate Realty LLC: 314-380-0581
 
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