1923 Adams St Peoria, IL 61602
- Commercial real estate
Current Use by Public Records
- ATM / Atm
- On Tap / Bar
- Dans Tow Bar / Bar
Property Details for 1923 Adams St
- Property type
- Commercial real estate
- APN
- 18-17-209-011
- APU
- 1817209011
Description
This exceptional commercial land opportunity in Peoria, Illinois, presents a unique investment prospect. Located at 1923 SW ADAMS Street, 61602, this property encompasses the site of Dan's Towbar, a renowned neighborhood bar boasting a rich history dating back to before Prohibition (pre-1917). The property offers a well-maintained building featuring a spacious main room with a fully operational bar and ample seating for patrons. Beyond the main bar area, there's an expansive game room, providing additional entertainment space and revenue potential. A sizable back lot offers further possibilities, ideal for outdoor events, parties, or expansion. The current operation is turnkey, ensuring a smooth transition for the new owner. This established business enjoys excellent cash flow, making it an attractive investment for those seeking a profitable venture with significant historical significance in the Peoria community. The property is zoned for commercial use and presents a rare chance to acquire a piece of Peoria's vibrant history. The asking price for this exceptional property is $125,000. The property's latitude and longitude coordinates are 40.6779754, -89.6110478 respectively.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6111
- Latitude
- 40.678
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
