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251 Derby St
Pekin, IL 61554
The Twisted Spoke Saloon · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Twisted Spoke Saloon in Pekin for sale, includes building, furniture, fixtures, and equipment.
  • Recently closed in August 2024; business can also be purchased.
  • Full kitchen, concert venue, outdoor patio, ample parking, and upgraded sound system.

EXECUTIVE SUMMARY

Available for lease at $3000/mo + utilities and available for sale at $149,900 . This bar with a full kitchen was recently closed in August 2024, and the building with all furniture, fixtures and equipment is for sale, and the business can be purchased as well. There is still an active liquor license for this business location. This bar was a full service concert venue with outdoor patio space and ample parking. The building has had many updates, is in excellent condition and has a state of the art sound system. This is an excellent opportunity to lease or buy a well known building and business in Pekin!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
2,640 SF
Building Class
B
Year Built
1953
Price
$206,702 CAD
Price Per SF
$78.30 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.45 AC
Zoning
B-3

ABOUT 251 DERBY ST , PEKIN, IL 61554

This bar with a full kitchen was recently closed in August 2024, and the building with all furniture, fixtures and equipment is for sale, and the business can be purchased as well. There is still an active liquor license for this business location. This bar was a full service concert venue with outdoor patio space and ample parking. The building has had many updates, is in excellent condition and has a state-of-the-art sound system.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-10-03-402-015
Land Assessment
$23,410 CAD
Improvements Assessment
$51,779 CAD
Total Assessment
$75,189 CAD
  • Listing ID: 38404181

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 251 Derby St, Pekin, IL 61554

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