101 7TH Street  Petersburg IL 62675

101 7TH Street Petersburg, IL 62675

Price Reduced For Sale
101 7TH Street
Petersburg, IL 62675
Price: $1,900,000
Type: Commercial Sale Commercial
Lot Size (Acres): 0.45
Agent: Dan Sperry
Agent Phone: 217-725-2467
Agent Email: sperryonline@gmail.com
Broker: The Real Estate Group Inc.
Broker Phone: 217-787-7000

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.

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