2248 Broadway

About this home

Prime Commercial Building with Income-Producing Apartment – Endless Possibilities! This exceptional, all-brick commercial building offers outstanding visibility in a high-traffic retail corridor, perfect for serious investors or business owners seeking versatility and built-in value. Featuring a durable tin roof and two full stories, the upper level boasts a spacious 2-bedroom apartment already occupied with reliable tenants, meaning no need to find renters. Lease agreement can be negotiated with an accepted offer. The lower level provides 2,251 sq ft of adaptable commercial space with two separate entrances, allowing you to operate one large business or easily divide it into two. Ideal for endless uses such as lash & brow studios, tattoo artists, solo estheticians, personal trainers, counselors/therapists, boutique retail, and more. Recent updates include Google Nest fire/carbon detectors, all new exterior LED lighting, electrical improvements, and various modern upgrades throughout. Property also includes a 2-bay detached garage and two parcels, offering extra room and value. This is a rare opportunity with excellent exposure, strong curb appeal, and built-in rental income. The potential here is tremendous—perfect for the right investor or entrepreneur ready to take advantage of a thriving location!

Property details

County

Madison

Subdivision

Alton

Lot size

0.1377 acres

Days on market

302

Annual taxes

$3,231

Heating

Forced Air

Cooling

Central Air

Appliances

Gas Cooktop, Microwave, Refrigerator

Stories

2

Location