900 Riverside Dr East Peoria, IL 61611
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Turnkey Restaurant, High Traffic Location
Property size:
6,932 SFProperty Features for 900 Riverside Dr
General Information
- Property type
- Restaurants
- Square Feet
- 6,932 SF
- Class
- A
- Lot Size
- 51,401 SF
Building Details
- Year Built
- 2005
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: RE/MAX Traders Unlimited Listing Agent: Jessica Ball
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional opportunity to acquire a thriving restaurant in East Peoria, Illinois. This Class A, 6,932 square foot freestanding building, constructed in 2005, is situated in a bustling shopping center just off I-74, boasting high visibility and accessibility. Anchored by Bass Pro Shops and Walmart, the center also includes Chili's, Texas Road House, Lowe's, Target, Costco, and a Holiday Inn, ensuring consistent high foot traffic. The property sits on a 1.18-acre lot with 200 feet of frontage and ample parking (95 spaces). Currently operating as a Mexican restaurant with a liquor license (available for sale separately), the business includes all furniture, fixtures, and equipment (FF&E). The spacious interior currently seats 82, with potential for expansion to 120. The fully equipped kitchen features fryers, grills, a flat top, stove, walk-in cooler and freezer, beer cooler/storage, POS systems, and extensive prep areas. The property is zoned B-3/C-1 and offers a single tenancy. This turnkey operation presents a unique investment opportunity for owner-users, with the potential for continued success in a prime location. The asking price is $1,250,000, with a price per square foot of $180. The property is 100% occupied.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bars
Location Insight
- Map
- Local Demand
- City
- East Peoria
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.5824912
- Latitude
- 40.6831426
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FAQs
What type of property is this?
Restaurant - Turnkey Restaurant, High Traffic Location
Where is this restaurant located?
The property is located at 900 Riverside Dr East Peoria, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: $1,250,000 asking price for a turnkey restaurant business in East Peoria, IL.; 6,932 square foot, Class A restaurant building on a 1.18-acre lot with 95 parking spaces.; Located in a high-traffic shopping center near I-74, anchored by Bass Pro Shops and Walmart, with nearby national retailers.