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251 Derby St
Pekin, IL 61554
The Twisted Spoke Saloon · Retail Property For Sale
Investment Highlights
- Fully equipped kitchen and bar with recent upgrades
- Active liquor license for immediate operational use
- Strategic location near Pekin’s retail and residential hubs
- Outdoor patio space ideal for dining or entertainment
- Ample on-site parking with easy customer access
Executive Summary
The Twisted Spoke Saloon in Pekin is re-opening and is available for sale. This active bar with a full kitchen is re-opening for business and the building and business is for sale with all furniture, fixtures and equipment. Corporation for sale includes active liquor and gaming licenses for this business location. This bar is 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 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
C
Year Built
1953
Price
$411,582 CAD
Price Per SF
$155.90 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
Strategically located near Pekin’s main thoroughfares, the site benefits from strong visibility and easy access to surrounding residential neighborhoods and retail corridors. The active liquor license adds immediate operational value, while B-3 zoning supports a variety of commercial uses. Whether you’re an operator seeking a ready-to-go venue or an investor looking for a property with strong adaptive potential, this asset delivers flexibility and appeal.
Property Taxes
| Parcel Number | 04-10-03-402-015 | Improvements Assessment | $50,877 CAD |
| Land Assessment | $23,002 CAD | Total Assessment | $73,878 CAD |
Property Taxes
Parcel Number
04-10-03-402-015
Land Assessment
$23,002 CAD
Improvements Assessment
$50,877 CAD
Total Assessment
$73,878 CAD
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