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273 1St St Pekin, IN 47165

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For Sale
$49,900

High-traffic location, retail opportunity.

Property Features for 273 1St St

General Information

Property type
Investment properties
Lot Size
10,454 SF

Building Details

Year Built
1914

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Listing Contact
Debbie Curtis
Debbie Curtis

Listing Agency: Mainstreet REALTORS Listing Agent: Debbie Curtis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional commercial property, situated at 273 S First Street, Pekin, Indiana, presents a remarkable investment opportunity. Boasting a prime corner location just off the bustling Highway 60, this 0.24-acre lot offers significant road frontage on two sides, maximizing visibility and accessibility. Its strategic placement next to a Casey's General Store and an established restaurant ensures high foot traffic and a built-in customer base. The property's versatility allows for a wide range of commercial uses, including but not limited to restaurants, banks, car dealerships, grocery stores, or smaller retail businesses. A significant advantage is the existing four-bedroom, two-bathroom home on the site, which means all necessary utilities are already in place, reducing initial setup costs and offering potential for immediate income generation or employee housing. This property is ideally suited for an investor seeking a strong return in a growing community, conveniently located only 30 minutes from Louisville. Consider purchasing this lot in conjunction with the adjacent property at 201 W. Shorts Corner Rd. for an even more expansive and impactful commercial presence. This is a rare opportunity to secure a highly visible and well-positioned commercial property in a thriving area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

New Pekin Repo Electronics & Wireless Store

Suggested Use

Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Kitchen & Bath Showroom Bar & Pub Daycare Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pekin
County
Washington
State
Indiana
Longitude
-86.01708
Latitude
38.50459

FAQs

What type of property is this?
Investment property - High-traffic location, retail opportunity.
Where is this investment property located?
The property is located at 273 1St St Pekin, IN.
What is the asking price?
The asking price for this property is $49,900.
More about this property
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