For Sale
$150,000

630 Main St Peoria, IL 61606

Historic Downtown Peoria eatery, ready for new owner.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This 1,840-square-foot, single-unit retail property at 631 W Main Street in Peoria, Illinois, presents a unique investment opportunity. Located in the heart of Peoria's vibrant West Main Form District (WM zoning), this vacant bar and restaurant space boasts a rich history, previously housing Pitch Karaoke Bar and The Elbo Room. The building, constructed in 1920 and extensively renovated in 2022, features new flooring, plumbing, and electrical systems. A new roof was installed in 2018. The property sits on a 0.04-acre lot and is approved for a liquor license, gaming, and a beer garden addition, offering significant potential for expansion and revenue generation. The asking price is $150,000, and the lease type is gross. This owner/user opportunity allows for immediate occupancy and customization to suit a new concept. The property's prime location and recent renovations make it an ideal investment for an experienced restaurateur or a new business venture seeking a turn-key establishment in a thriving downtown area. The property is zoned for commercial use.

Highlights

  • Historic bar location, previously Pitch Karaoke and The Elbo Room.
  • Ready for tenant improvements.
  • Features new flooring, plumbing, and electrical (2022), and a new roof (2018).
  • Liquor license approved; gaming and beer garden permitted.
  • Zoned WM - West Main Form District.

Property Details for 630 Main St

Property type
Retail properties, Restaurants
Square Feet
1,840 SF
Year Built/Renovated
1920/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
1,742 SF
Units
1

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.699641899033
Longitude
-89.603301993484

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FAQs

What type of property is this?
Retail property - Historic Downtown Peoria eatery, ready for new owner.
Where is the retail property located?
The property is located at 630 Main St Peoria, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Historic bar location, previously Pitch Karaoke and The Elbo Room.; Ready for tenant improvements.; Features new flooring, plumbing, and electrical (2022), and a new roof (2018).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Jessica Ball
Jessica Ball
Justin Ball
Justin Ball
Mike O'Bryan
Mike O'Bryan
Visit Broker Website

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Useful Information

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Main St
Peoria, IL 61606

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Main St
Peoria, IL 61606

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

630 Main St
  • Jessica Ball
    Jessica Ball
  • Justin Ball
    Justin Ball
  • Mike O'Bryan
    Mike O'Bryan
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