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    5615 State Road 60 Pekin, IN 47165

    For Sale
    $89,950

    High-traffic retail building, 3000+ sq ft.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional retail opportunity is located at 5615 E State Road 60 in Pekin, Indiana, a prime location just off Highway 60, between Pekin and Borden. The property boasts a spacious 3000+ square foot building currently operating as a successful retail store, complete with ample shelving and storage. The building features concrete floors and a single bathroom. Outside, three storage sheds provide additional space for inventory or equipment. The property sits on a 0.35-acre lot, offering excellent visibility and accessibility for customers. The building is being sold "As-Is," however, inspections are welcomed. This versatile property presents numerous possibilities for a variety of retail businesses. The existing inventory within the store may be included in the sale, providing a head start for a new owner. This is a rare chance to acquire a well-established retail space in a high-traffic area at an attractive price of $89,950. Don't miss this opportunity to establish or expand your business in a thriving community. Contact us today to schedule a private showing.

    Property Features for 5615 State Road 60

    General Information

    Property type
    Retail properties
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pekin
    County
    Washington
    State
    Indiana
    Longitude
    -86.00083
    Latitude
    38.4893

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail building, 3000+ sq ft.
    Where is this retail property located?
    The property is located at 5615 State Road 60 Pekin, IN.
    What is the asking price?
    The asking price for this property is $89,950.
    (812) 883-9555
    Request Owner's contact information
    5615 State Road 60 Pekin, IN 47165
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    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
    5615 State Road 60 Pekin, IN 47165
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