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    201 Shorts Corner Rd Pekin, IN 47165
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    201 Shorts Corner Rd, Pekin, IN 47165

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    • Investment properties
    • 0.41 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Investment properties

    Property Details for 201 Shorts Corner Rd

    Year built
    1945
    Lot size
    0.41 lot acres
    Property type
    Investment properties

    Description

    This exceptional 0.41-acre commercial property at 201 W Shorts Corner Road, Pekin, IN, presents a remarkable opportunity for retail development. Boasting highway frontage on three sides of the lot, this location offers unparalleled visibility and accessibility on busy Highway 60. The property's strategic position next to a Casey's General Store and an established restaurant ensures high foot traffic and brand synergy. Currently featuring a two-bedroom, one-bathroom home, all utilities are readily available, simplifying the development process. The existing structure provides immediate utility access and potential for temporary use or repurposing. This prime location is ideal for a diverse range of businesses, including restaurants, banks, grocery stores, car dealerships, pharmacies, or smaller retail establishments. The property's size and location make it suitable for a variety of commercial ventures, capitalizing on the growth of the Pekin community. The property is also conveniently located just 30 minutes from Louisville, offering access to a larger regional market. An adjoining property at 273 S. First St., Pekin, is also available for purchase, presenting the possibility of expanding the development footprint. Both properties can be acquired individually or as a combined package. This is a rare opportunity to secure a highly visible and strategically located commercial property in a thriving area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Pekin
    County
    Washington
    State
    Indiana
    Longitude
    -86.0122
    Latitude
    38.4943
    More about this property
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