199 State Road 60 Pekin, IN 47165
For Sale
1 / 7
This exceptional 3600+ square foot facility in Pekin, Indiana, presents endless possibilities for a savvy investor. The property boasts a fully equipped, wrap-around bar, multiple pool tables, a dedicated concert stage, and a spacious dance floor, all complemented by a full kitchen. The expansive outdoor area is perfect for hosting a variety of events, featuring a covered porch, smoker/grill, and ample picnic tables. Convenient parking is available both in front and behind the building. The property's versatility allows for diverse revenue streams, whether through hosting various events or leasing out portions of the space. A significant advantage is the inclusion of an active 3-way liquor license, including Sunday sales, providing immediate revenue generation potential. This turnkey operation is ready for a new owner to capitalize on its established infrastructure and high-demand location. The property is situated at 199 E State Road 60, Pekin, IN, and is offered at $175,000. The substantial square footage and existing amenities offer a unique opportunity to establish or expand a thriving entertainment business. The combination of indoor and outdoor space, coupled with the liquor license, makes this a truly exceptional investment opportunity. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.