931 and 935 Niedringhaus Avenue present a unique opportunity to acquire a long-established Granite City business together with multiple income-producing assets. The offering includes the iconic Ernie & Annie's Bar & Grill, a neighborhood gathering place that has served the community since 1955, along with additional commercial and residential components that create diversified revenue potential. The property's location along Niedringhaus Avenue places it near downtown Granite City, approximately one-half mile from The District and within walking distance of Civic Park, which hosts community events, concerts, and seasonal activities.
The offering includes the historic tavern building, a gaming facility with bar service, an attached studio apartment occupied by a long-term tenant, and a separate residential home located behind the commercial improvements. The residential component is tenant occupied and provides rental income, while the commercial facilities offer continued operating potential and opportunities for private events and gatherings. The combination of business operations, residential income, and additional commercial space creates multiple revenue streams within a single acquisition.
For investors, owner-operators, and hospitality entrepreneurs, this offering combines an established local business, existing tenancy, and a recognizable community presence. Properties that include an operating business, residential income, and additional commercial facilities in one package rarely become available in the Granite City market.