Broadgauge

Broadgauge Broadgauge, built in 1872 in historic Petersburg, has been restored and redeveloped into a restaurant More to come!

In 1872, the Broadgauge was built as central Illinois' original "mega store", containing under one roof; Hardware, Grocery, and Dry Goods stores. Today, we are restoring the Broadgauge to its original architectural glory and redeveloping it into a Restaurant, Bar, Coffee Shop, and Event Center. Architecture and Design:

The building, built in 1872 and remodeled in 1915, speaks for itself. It is f

illed with intricate wood work like the mezzanine running the length of the building and the newly re-exposed double staircase leading up to a grand ballroom with 15 foot high tin ceilings. These architectural assets will all be highlighted with sophisticated but comfortable design features. Food and Beverage:

The menu is currently under development and an executive chef is being recruited, so there is a lot yet to be decided. However, the cuisine at the Broadgauge will be a twist on American classics, unique to Petersburg, and delicious. Community:

Broadgauge is located at the heart of Petersburg's town square. We are creating unique spaces for the Petersburg community and surrounding community to come together. There will be a beautiful restaurant and bar for people to dine, drink, and commune. There will also be a coffee shop for those early mornings and late nights. In addition to these public spaces, there will be numerous unique spaces available for use, like the Ballroom, Backroom Bar, Boardroom, and a few other lounges. These rooms will be used for all kinds of events including; Wedding receptions, private dinners, anniversary parties, concerts, corporate retreats, community organization meetings, and many other uses.

The saga continues...😮The reserve price at the auction was not met, so we are back on the market at a reduced price. Bro...
09/29/2025

The saga continues...😮

The reserve price at the auction was not met, so we are back on the market at a reduced price.

Broadgauge is now listed for $1 million, details can be found here: https://sites.exposurerealestatemedia.com/101-N-7th-St/

This includes furniture and equipment.

Seller financing is available.

Please help us spread the word, thank you!

Broadgauge will be auctioned off next week!  The auction starts Monday Sep 22 and concludes Thursday Sep 25.In order to ...
09/15/2025

Broadgauge will be auctioned off next week! The auction starts Monday Sep 22 and concludes Thursday Sep 25.

In order to bid, you need to register by clicking "Register to Bid" on the listing on crexi found here: https://www.crexi.com/properties/2034193/illinois-broadgauge-building

To register to bid, you will need to show proof of funds and make a refundable participation deposit. Proof of funds includes 1) Bank Statements 2) Financial Institution Letter 3) Lender Term Sheet 4) 1031 Exchange paperwork.

We are excited for someone to take over Broadgauge and bring their own vision and energy. The community is anxious for the doors to re-open!

Broadgauge will be sold at auction Sep 20 - 22.  All furnishings and equipment will be included.Full auction details can...
08/11/2025

Broadgauge will be sold at auction Sep 20 - 22. All furnishings and equipment will be included.

Full auction details can be found here: https://www.crexi.com/properties/2034193/illinois-broadgauge-building

This is an incredible opportunity to build upon the historic legacy of Broadgauge, built in 1872 and meticulously restored and redeveloped in 2021. Broadgauge is located on Petersburg’s town square, surrounded by other vibrant businesses including Hand of Fate Brewing Company, CafĆ© Amulet , Moonbeams & Magpies - The Mercantile , The Studio On The Square, Menard County Fitness and Training, and other shops. Broadgauge is 5 mins from New Salem (~400,000 visitors a year) and 25 mins from the state capital, Springfield.

There is a total of 24,790 sq ft within the three buildings that are being sold. 18,790 sq ft was beautifully restored and renovated in 2021 and turned into the Broadgauge restaurant, coffee shop, and events venue.

Also included are 3,600 sq feet of gutted and ready for redevelopment retail space in the Old Cigar Factory and VFW Hall, and 2,400 sq feet of space that is gutted and ready for redevelopment in the Hubbard building. Both these buildings are attached to the main Broadgauge building and can be integrated or separated.

We are excited for a new owner to breathe life and ideas into this iconic property.

The auction will take place online starting Sep 20. Bidders must register in advance, which will require Proof of Funds and a Participation Deposit. If you are not the winning bidder, the participation deposit is refunded to you.

All details about the auction and the properties can be found here: https://www.crexi.com/properties/2034193/illinois-broadgauge-building

New List Price, Same Beautiful Broadgauge.  All 18,500 sq feet of beautifully restored restaurant and event space at Bro...
04/02/2025

New List Price, Same Beautiful Broadgauge. All 18,500 sq feet of beautifully restored restaurant and event space at Broadgauge is now listed at $1.9 million, this includes all equipment and furniture to operate a turn-key restaurant and events venue. This price is significantly below the cost of renovations and cost of equipment and furniture. This is a great opportunity for the right people! Broadgauge is located in the heart of Petersburg just 30 minutes from Springfield. More details and pictures can be found here: https://sites.exposurerealestatemedia.com/101-N-7th-St?J=b

Inquiries can be made to Dan Sperry of the Real Estate Group at 217-725-2467.

Broadgauge is looking for new owners!Pics, 3-D Tours, and Floor Plans can all be found at our listing found here:
01/25/2025

Broadgauge is looking for new owners!

Pics, 3-D Tours, and Floor Plans can all be found at our listing found here:

Listed at $2,900,000, 18,789 square feet, Broadgauge was built in 1872 as central illinois’ first ā€œmega-storeā€, with three stores under one roof, Hardware, Grocery, and Dry Goods. In 2021 Broadgauge was fully restored to its original architectural glory and redeveloped into a restaurant and ev...

01/22/2025
Broadgauge Gift Cards can be redeemed on location - January 17th & 25th from 5pm - 9pm.Both remaining dinner reservation...
01/16/2025

Broadgauge Gift Cards can be redeemed on location - January 17th & 25th from 5pm - 9pm.
Both remaining dinner reservations are sold out.

There are limited tickets available online for tomorrow night's Stand Up Comedy show featuring Tony Deyo, but they are going fast!
Tickets at the door are not guaranteed.
https://www.broadgauge.com/

Next weekend join us one more time for a FREE show in the Ballroom featuring the authentic Delta Blues sounds of Devin Williams.

Tonight.Dont Look Back (1967) Directed by D. A. Pennebaker.Doors Open 6pm.Film Screening 6:30pm.Live Performances by Eth...
01/11/2025

Tonight.
Dont Look Back (1967) Directed by D. A. Pennebaker.
Doors Open 6pm.
Film Screening 6:30pm.

Live Performances by Ethan Taylor Stephenson and Adam Gaffney will begin promptly after the screening at roughly 8:00pm.

Seating will be limited on a first come first serve basis.
Per request this film screening will be closed captioned.

Please join us this month to celebrate the closing of this chapter of adventures on the square. For information, contact...
01/09/2025

Please join us this month to celebrate the closing of this chapter of adventures on the square.

For information, contact us at [email protected]

Broadgauge and the Talisman will remain closed indefinitely. We have loved being able to serve this community over the l...
01/04/2025

Broadgauge and the Talisman will remain closed indefinitely.

We have loved being able to serve this community over the last 3 years, and hope to find someone that wants to continue building Broadgauge’s next chapter.

We will be hosting three more public events in January on the 11th, 17th, and 25th, the comedy show on the 17th and live music on the 25th will feature dinners in the dining room.

Gift Cards - Unused Gift Card balances can be used or refunded during our last two public events in January on the 17th and the 25th. There will be dinner and drinks at these two events, and we will have staff on hand for gift card refunds. We cannot issue refunds over the phone or over email, these two days will be the only opportunity for reimbursement. Upcoming events can be found at broadgauge.com/events

You can book a table for one of our last two dinners on the 17th and 25th here: https://tables.toasttab.com/restaurants/0ea7ce0b-d446-4c01-93ca-d420e3773ade/findTime

•UPDATE: reservations are now sold out for these two nights but you can still join the waitlist.•

Thank you for all the support over the years! ā¤

12/28/2024

•Need To Reach Us?•

We are currently experiencing phone outages and apologize for the inconvenience. You can reach us by messaging us here or emailing [email protected]

Address

101 North 7th Street
Petersburg, IL
62675

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