199 State Rd Pekin, IN 47165
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 199 State Rd
- Property type
- Investment properties
Description
This exceptional 3600+ square foot facility presents a unique investment opportunity in Pekin, Indiana. Currently configured as a bar and event space, the property boasts a fully equipped built-in bar, multiple pool tables, a dedicated concert stage, a spacious dance floor, and a complete kitchen. The expansive interior is complemented by a generous outdoor area, ideal for hosting games and various events. Ample parking is available at the rear of the building. The property's current setup lends itself perfectly to a thriving sports bar, with the potential to add a comprehensive menu and televisions to enhance the customer experience. However, the versatile layout offers numerous possibilities beyond a traditional bar setting. The substantial space could be easily adapted to accommodate a variety of businesses or leased out in sections to generate additional revenue streams. A significant advantage is the inclusion of an active 3-Way Liquor License, a valuable asset for any establishment serving alcoholic beverages. This turnkey operation presents a rare chance to acquire an established business with significant upside potential in a desirable location. The property's size, amenities, and existing liquor license combine to create a compelling investment opportunity with endless possibilities. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pekin
- County
- Washington
- State
- Indiana
- Longitude
- -86.0119
- Latitude
- 38.4945
