251 Derby St Pekin, IL 61554

This exceptional turnkey bar and restaurant opportunity is located at 251 Derby Street in Pekin, Illinois, and is offered at $225,000. The 2,640 square foot, single-story building sits on a 0.45-acre lot (APN 04-10-03-402-015) and is zoned B-3. Recently closed in August 2024, this established business includes all furniture, fixtures, and equipment, presenting a unique chance for immediate operation. The property boasts a full kitchen, ample parking, and an outdoor patio. Previously operating as a full-service concert venue, the building features a state-of-the-art sound system, reflecting recent upgrades by the current owner. Included in the sale are leased gaming machines, an ATM, a jukebox, and league dartboards. The sale price equates to $85 per square foot. This is a single-unit property in excellent condition, ready for a new owner to step in and begin operations. The property's history as a successful venue, combined with its existing equipment and favorable zoning, makes this a compelling investment for an owner/user. This is a rare opportunity to acquire a well-maintained, fully equipped bar and restaurant in a desirable location.