Team Brown
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https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Formerly Granite City Food & Brewery, this 9,135 SF custom-built, free standing restaurant is now available for sale and lease. Constructed as an upscale casual restaurant with open-view brewery tank area and open-view kitchen, the East Peoria riverfront area has continued to grow and develop in this area with the recent 2026 addition of the new Hampton Inn next door (220 Conference Center Dr). The building has a 510 sq. ft. of mezzanine above the brewery equipment and an outdoor, river view seating area of 1,850 SF. There is ample surface parking on site (Parking Ratio is 8.76/1,000 SF). This property is in both a TIF and Enterprise Zone for development and redevelopment incentives.
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Available Sqft: 9135
Year Built: 2007
Lot Size: 2.25 acres
General Information
County: Tazewell
Listed By:
RE/MAX Traders Unlimited
Mobile: 309-323-0399
RMLSA
MLS ID: PA1267111
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230 Conference Center Drive, East Peoria, IL 61611.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $3,500,000 | $3,500,000 |
| Down Payment | $122,500 | $700,000 |
| Monthly Mortgage Amount | $20,881 | $17,468 |
| Taxes | $4871 | $4871 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $2,099 | $0 |
| Monthly Estimated Total | $28,872 | $23,360 |
Team Brown
Cell: (563) 271-3037
Licensed in IA & IL (Moira)
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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