Mixed-Use Restaurant and Industrial
1310 Derby Street Pekin, IL 61554
For Sale
$280,000
Three-unit hard-corner property with two leased spaces and one vacant unit with existing plumbing in place.
Property Size7,044 SF
Price / SF$39.75
Days on Market394
Property Features for 1310 Derby Street
General Information
Standard status
Active
Size
7,044 SF
Property subtype
Commercial
Building Details
Year Built
1953
Listing Agency:
RE/MAX Traders Unlimited
(309) 363-2929
Listed By:
Jessica Ball · License #475175281
(309) 363-2929
Source:
Craggsrealtors
Added: Jun 30, 2025
Changed: Jul 24
Last Checked: Jul 27 at 4:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Traders Unlimited
Investment Insights
Based on property information with market context.
This 7,044 SF three-unit building is positioned on a hard corner lot and is currently home to two tenants. Darcy’s Cafe occupies 1,400 SF as a gaming lounge, and Like New Parts operates in 3,844 SF for powder coating. The third space is vacant and was formerly a laundromat at 1,800 SF; the equipment has been removed, but the plumbing remains in place.
The vacant unit and the existing leased spaces create flexibility for a buyer seeking additional income or an owner-operator setup. The Darcy’s Cafe space can include FF&E with the sale, allowing a buyer the option to operate the cafe or lease it to another operator.
With two spaces already leased, the property offers an immediate operating base while the third unit presents an opportunity for a new tenant or customized use, supported by the in-place plumbing condition noted in the listing.
The vacant unit and the existing leased spaces create flexibility for a buyer seeking additional income or an owner-operator setup. The Darcy’s Cafe space can include FF&E with the sale, allowing a buyer the option to operate the cafe or lease it to another operator.
With two spaces already leased, the property offers an immediate operating base while the third unit presents an opportunity for a new tenant or customized use, supported by the in-place plumbing condition noted in the listing.
Key Highlights
- 3‑unit hard‑corner investment property in a 7,044 SF building (built 1953)
- Two spaces currently leased: Darcy's Cafe (1,400 SF, gaming lounge) and Like New Parts (3,844 SF, powder coating)
- Third unit is vacant (1,800 SF) and was formerly a laundromat; plumbing remains in place
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Three-unit hard-corner property with two leased spaces and one vacant unit with existing plumbing in place.
Where is this conventional restaurant located?
The property is located at 1310 Derby Street Pekin, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 3‑unit hard‑corner investment property in a 7,044 SF building (built 1953); Two spaces currently leased: Darcy's Cafe (1,400 SF, gaming lounge) and Like New Parts (3,844 SF, powder coating); Third unit is vacant (1,800 SF) and was formerly a laundromat; plumbing remains in place
