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$ 250,000
Est. payment /mo
Active
931 & 935 Niedringhaus AVE Granite City, IL 62040
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision First Add
MLS Listing ID 26049112
Year Built 1913
Annual Tax Amount $1,891
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Do not miss this rare opportunity to own Ernie & Annie's, an original 1913 neighborhood tavern offering historic character, an established customer base, and proven revenue. Even boxing legend Evander Holyfield is known to visit frequently. Conveniently located approximately one-half mile from The District and within walking distance of Granite City's Civic Park, Ernie & Annie's is ideally positioned to benefit from the area's summer concerts, movies, community events, and American Steel employees. Patrons can enjoy the tavern's nostalgic tacos, a cold beer, or their favorite drink before heading to the park or crossing the river for a Cardinals, Blues, or St. Louis CITY SC game. This longtime local gathering place offers an appealing combination of tradition, atmosphere, food, entertainment, and income-producing potential.
The property includes multiple buildings (commercial & residential) and rental opportunities: • The tavern parcel also includes a tenant occupied two-bedroom, one-bathroom rental home with a carport. • The second parcel features a full-brick building currently operating as a gaming facility with a bar; • An attached studio apartment is occupied by a tenant of more than 30 years.
Both commercial buildings offer excellent potential for private parties, receptions, celebrations, and other special events. The experienced staff takes pride in the business and hopes to continue serving the community under new ownership. With multiple revenue streams, established operations, residential rental income, and room for future growth, this unique property presents an outstanding opportunity for an investor, entrepreneur, or hospitality operator.
THIS IS A SILENT BID AUCTION that ENDS AUGUST 30, 2026 @ 6pm. All bids shall be sent to bid@theauctionhouseco.com before prior to Auction end date and time.
AUCTION TERMS: Winning bidder will enter into a written contract to purchase and will place $10,000.00 down, day of sale, in which $5,000 will be held in escrow with the balance due 30 days from auction date. A partial payment of $5,000 will go towards the buyer's premium which will be added to the final bid price as a buyer's expense on the property. Earnest money and buyer's premium are non-refundable and due the day of sale. Property sold as-is. All information is presented in good faith. All inspections, surveying due diligence are the sole responsibility of the buyer. The property sells with no contingencies. All Sales Final.
The property includes multiple buildings (commercial & residential) and rental opportunities: • The tavern parcel also includes a tenant occupied two-bedroom, one-bathroom rental home with a carport. • The second parcel features a full-brick building currently operating as a gaming facility with a bar; • An attached studio apartment is occupied by a tenant of more than 30 years.
Both commercial buildings offer excellent potential for private parties, receptions, celebrations, and other special events. The experienced staff takes pride in the business and hopes to continue serving the community under new ownership. With multiple revenue streams, established operations, residential rental income, and room for future growth, this unique property presents an outstanding opportunity for an investor, entrepreneur, or hospitality operator.
THIS IS A SILENT BID AUCTION that ENDS AUGUST 30, 2026 @ 6pm. All bids shall be sent to bid@theauctionhouseco.com before prior to Auction end date and time.
AUCTION TERMS: Winning bidder will enter into a written contract to purchase and will place $10,000.00 down, day of sale, in which $5,000 will be held in escrow with the balance due 30 days from auction date. A partial payment of $5,000 will go towards the buyer's premium which will be added to the final bid price as a buyer's expense on the property. Earnest money and buyer's premium are non-refundable and due the day of sale. Property sold as-is. All information is presented in good faith. All inspections, surveying due diligence are the sole responsibility of the buyer. The property sells with no contingencies. All Sales Final.
Location
State IL
County Madison
Interior
Fireplace N
Exterior
View Y/N No
Building
Water Public
Structure Type Block,Brick,Vinyl Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction
Listed by Bill Scaturro • The Auction House Company
NEARBY SCHOOLS & PROPERTIES
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