930 2Nd StPekin, IL 61554

For Sale
$135,000

Dual-Use Building: Tavern & Retail Space

Overview

Added:
Feb 3
Days on market:
41
This exceptional commercial property, located at 930 S 2nd Street in Pekin, Illinois, presents a unique investment opportunity for savvy business owners. Boasting a generous 3,131 square feet of space, the building currently operates as a functioning tavern on one side and a retail space on the other. This versatile layout offers significant flexibility, allowing for continued operation as a dual-use establishment or the potential for conversion into a larger, combined restaurant and bar. The existing infrastructure is already ideally suited for the addition of electric slot gaming machines, presenting an attractive revenue stream for the new owner. The property's strategic location within both the Tif and Enterprise zones offers considerable economic advantages, including potential tax benefits and incentives. This prime location provides excellent visibility and accessibility, ensuring high foot traffic and easy customer access. The building's solid construction and existing operational setup minimize upfront investment costs, allowing for a quicker return on investment. This is a rare opportunity to acquire a well-established, multi-functional commercial property in a thriving area, offering substantial potential for growth and profitability. The asking price is $135,000. The property sits on a lot with zero acres. Serious inquiries are encouraged.

Property Details for 930 2Nd St

Property type
Other commercial real estate
Square Feet
3,131 SF
Year Built
1975

Location Insight

City
Pekin
County
Tazewell
State
Illinois
Latitude
40.56001
Longitude
-89.65616
930 2Nd St, Pekin, Illinois
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930 2Nd St
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