For Lease
$0.01/SF/YR

230 Conference Center Dr East Peoria, IL 61611

Prime location, fully equipped, high revenue potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 8,411 square foot restaurant and event center presents a unique investment opportunity. Situated on a 2.25-acre lot in Tazewell County, this single-tenant property boasts a prime location overlooking the Illinois River. The building is zoned B3 and offers a fully built-out interior, ready for immediate operation. The open kitchen concept is a highlight, featuring a main dining area, an aft kitchen with extensive dish and prep areas, and auxiliary hoods for fry preparation. Brewing enthusiasts will appreciate the five 527-gallon brewing tanks, complete with a walk-in reserve cooler. Ample storage is provided by multiple walk-in freezers and coolers. A fully furnished bar area complements the space, and an outdoor dining area provides stunning river views. This turnkey operation has the potential to generate significant revenue, making it an ideal acquisition for a discerning restaurateur or investor. The property's current configuration is designed to maximize efficiency and profitability, offering a rare opportunity to establish a thriving business in a highly desirable location. The seller is offering a period of free rent, further enhancing the value proposition. This is a truly one-of-a-kind opportunity to acquire a destination restaurant with exceptional potential.

Highlights

  • Restaurant property totaling 8,411 square feet on a 2.25-acre lot.
  • Single-tenant occupancy.
  • Located in Tazewell County with B3 zoning.
  • Features a fully built-out interior including an open kitchen, bar, multiple walk-in coolers/freezers, and five 527-gallon brewing tanks.
  • Includes outdoor seating overlooking the Illinois River.

Property Details for 230 Conference Center Dr

Property type
Restaurants, Bars
RSF (Rentable sq. ft)
8,411 SF

Unit(s) available at that property

Space
Size
8,411 SF
Rate per SF
$0.01

Location Insight

City
East Peoria
County
Tazewell
State
Illinois
Latitude
40.681749762501
Longitude
-89.592894122456

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FAQs

What type of property is this?
Restaurant - Prime location, fully equipped, high revenue potential.
Where is the restaurant located?
The property is located at 230 Conference Center Dr East Peoria, IL.
What is the lease rate?
The lease rate is $0.01/SF/YR.
What are key features of this property?
This property features: Restaurant property totaling 8,411 square feet on a 2.25-acre lot.; Single-tenant occupancy.; Located in Tazewell County with B3 zoning.
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

Steven Reeves
Steven Reeves
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Conference Center Dr
East Peoria, IL 61611

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East Peoria, IL 61611

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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.

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230 Conference Center Dr
  • Steven Reeves
    Steven Reeves
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