Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    545 State Road 60 Pekin, IN 47165

    For Sale
    $200,000

    Profitable Business Opportunity in Downtown Pekin

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional business opportunity presents a turnkey gas station and convenience store ideally located on State Road 60 in the heart of Pekin, Indiana. The property boasts significant highway frontage, ensuring high visibility and convenient access for customers. The sale includes a well-established business with existing infrastructure, including two large fuel tanks (8,000 and 10,000 gallons capacity), ready to be utilized. Public restrooms are conveniently located on-site for customer use. Beyond the core gas station and convenience store operations, the property also features additional leasable space, providing potential for expansion or diversification of income streams. A comprehensive inventory of included equipment and fixtures is available upon request, offering a detailed overview of the assets included in the sale. This is a rare chance to acquire an established business with significant potential for growth and profitability. The current owner is retiring, making this an opportune moment for a new owner to step in and capitalize on the existing customer base and prime location. The sale is structured as a contract sale. The 0.25-acre lot provides ample space for operations and potential future development. This is a truly remarkable opportunity for an entrepreneur seeking a profitable and established business in a desirable location. Don't miss out on this chance to own a thriving business in a vibrant community.

    Property Features for 545 State Road 60

    General Information

    Property type
    Investment properties
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1957
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Hair Salon Gym & Fitness Kitchen & Bath Bar & Pub Daycare Center Grocery Store Food Market Barber Shop 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
    -86.01431
    Latitude
    38.50053

    Nearby Similar for Sale

    • $279,995
      1,040 SF

      Remodeled Farmhouse with Covered Deck

      Remodeled farmhouse on 2 acres, additional land available.
      2506 S Mount Zion Church Rd, Pekin, IN 47165
      View Details
    • $149,900
      1,708 SF

      Pekin Retail Property - Highway Frontage

      Prime Retail Space, High Visibility, 1.07 Acres
      372 Vincennes Trl, Pekin, IN 47165
      View Details
    • $199,800
      2,752 SF

      Pekin Multi-Family Investment Opportunity

      Quadplex with High Rental Income Potential
      26 Main St, Pekin, IN 47165
      View Details
    • $74,900
      0.41 Acres

      Pekin Commercial Corner Lot Investment

      High-traffic corner lot, retail potential.
      201 Shorts Corner Rd, Pekin, IN 47165
      View Details
    • $175,000

      Prime Pekin Entertainment Venue

      Established Business, Huge Potential
      199 State Road 60, Pekin, IN 47165
      View Details
    • $89,950
      0.35 Acres

      Prime Pekin Retail Space

      High-traffic retail building, 3000+ sq ft.
      5615 State Road 60, Pekin, IN 47165
      View Details

    FAQs

    What type of property is this?
    Investment property - Profitable Business Opportunity in Downtown Pekin
    Where is this investment property located?
    The property is located at 545 State Road 60 Pekin, IN.
    What is the asking price?
    The asking price for this property is $200,000.
    (812) 883-8200
    Request Owner's contact information
    545 State Road 60 Pekin, IN 47165
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    545 State Road 60
    Pekin, IN 47165
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    545 State Road 60 Pekin, IN 47165
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.