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1290 Mulholland Street Nauvoo, IL 62354 Commercial - Retail

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Description

A rare opportunity to acquire a landmark hospitality property in the heart of historic Nauvoo, Illinois. The Historic Hotel Nauvoo features a full-service restaurant, inviting lounge, and eight well-appointed overnight guest rooms, offering a turnkey boutique hospitality operation in a strong regional tourism market. This character-rich property blends period architecture with functional modern spaces, creating an authentic guest experience that appeals to today's heritage-focused travelers. The restaurant and lounge serve both visitors and the local community, providing consistent foot traffic and multiple revenue streams. The eight guest rooms offer intimate boutique accommodations with strong seasonal demand tied to tourism, events, and river traffic. The property's layout supports efficient operations, flexible staffing models, and opportunities to enhance food, beverage, or lodging offerings. Located near the Mississippi River and surrounded by well-preserved historic architecture, the property benefits from steady visitor activity and limited competing boutique lodging inventory. Ideal for an owner-operator or hospitality group seeking a distinctive asset with established use, strong branding potential, and long-term upside. An exceptional opportunity to acquire a unique hospitality property with character, presence, and income potential.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1841

General Information

County: Hancock
Listed By:
KL Real Estate Inc 319-325-3852
No Coast MLS
$2,900,000
Est. $18,421/mo
Active
SQUARE FEET20,756 MLS#6334500
STATUS PROPERTY TYPECommercial - Retail

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1290 Mulholland Street, Nauvoo, IL 62354.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,900,000$2,900,000$2,900,000
Down Payment $101,500$0$580,000
Monthly Mortgage Amount $16,844$17,523$13,539
Taxes $4036$4036$4036
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,739$0$0
Monthly Estimated Total $23,465$22,405$18,421

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