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    Pekin Venue with Liquor License
    Updated: May 27, 2022
    Pekin Venue with Liquor License

    199 E State Road 60, Pekin, IN 47165

    $175,000
    3,600 sqft
    Active 3‑Way Liquor License with Sunday Sales
    3600+ sq ft Facility with Full Built‑in Wrap Around Bar
    Concert Stage and Dance Floor**
    Full Kitchen
    Huge Outside Area for Games and Events with Covered Porch**
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pekin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Net-Leased Chipotle Drive-Through
    Net-Leased Chipotle Drive-Through

    2133 State St, New Albany, IN 47150

    $2,350,607
    2,325 sqft 0.80 AC lot

    Newly constructed build-to-suit Chipotle with ample parking and pylon signage at a signalized intersection.

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    Long John Silver’s NNN Restaurant
    Long John Silver’s NNN Restaurant

    484 South Lake Road North, Scottsburg, IN 47170

    Contact for pricing

    Freestanding restaurant built in 1995 with a long-term 15-year triple-net lease and two tenant renewal options.

    View details
    Restaurant and Entertainment Venue
    Restaurant and Entertainment Venue

    7180 Grant Line Rd, New Albany, IN 47150

    Contact for pricing

    Long-running restaurant at 7180 Grant Line Rd with an on-site bar and space for live entertainment or group events.

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    Restaurant Building with Highway Frontage
    Restaurant Building with Highway Frontage

    841 S Gardner Street, Scottsburg, IN 47170

    $249,000
    3,000 sqft

    3,000 sq ft restaurant with equipment and parking.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Land
    Corner Commercial Land

    7121 Highway 311 lot: 3, Sellersburg, IN 47172

    $495,000
    1.35 AC lot

    Commercial parcel with B-1 zoning and public water service.

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    Corner Commercial Land
    Corner Commercial Land

    7213 Highway 311 lot: 4, Sellersburg, IN 47172

    $395,000
    1.36 AC lot

    B-1-zoned parcel with public water at the junction of two roads in Sellersburg.

    View details
    Commercial Land on State Street
    Commercial Land on State Street

    2005 STATE ST, New Albany, IN 47150

    Contact for pricing
    1 sqft 1.00 AC lot

    Vacant land in high-traffic area, ideal for development.

    View details

    Off-Market Properties in Pekin, IN

    Consider similar Off-Market properties in Pekin, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    199 State Rd 60
    RESTAURANT

    199 State Rd 60, Pekin, IN 47165

    $265,000
    Estimated value
    3,640 sqft 0.40 AC lot
    View details

    Pekin, IN Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Pekin, IN on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $175,000.

    Sale prices for restaurant properties in Pekin, IN average $175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1

    Demographics Overview

    Population 6,599
    Population Growth (5Y) +4.3%
    Median Household Income $76,071
    College Educated 18.2%

    High-Yield Neighborhoods for Investment

    Identify Pekin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47165 $175K

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $46.88 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

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