3125 Prospect RdPeoria, IL 61603

For Lease
$7.13/SF/YR

Turnkey Restaurant, 7,831 SF, Peoria, IL

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 7,831-square-foot commercial property in Peoria, Illinois, presents a unique opportunity for restaurateurs. Located at 3125 N PROSPECT Road (APN 14-27-383-026), this single-tenant building offers a fully equipped space ready for immediate operation. The property includes all furniture, fixtures, and equipment (FF&E), encompassing a dining area, bar, gaming area, and a complete kitchen. Kitchen equipment includes a dishwasher, grill, fryers, stove, hoods, grease trap, ice machine, ample storage with shelving, a reach-in cooler, and a walk-in freezer/refrigerator. The property also features front signage. Previously operating as The Fry Spot and Jazzy's Eatery, this location has a history of success and benefits from prior approvals for liquor and gaming licenses. The zoning is commercial, and the property is situated on a 7,831 square foot lot. Tenant responsibilities include one-third of snow removal and common area lighting costs, as well as lawn maintenance. This turnkey operation is ideal for a quick start and immediate revenue generation. The property is located in Peoria, IL, zip code 61603.

Highlights

  • 7,831 SF turnkey restaurant in Peoria, IL (61603), fully equipped with all FF&E including kitchen equipment and gaming area.
  • Pre-approved for liquor and gaming licenses.
  • Tenant responsible for 1/3 snow removal, common area lighting, and lawn maintenance.

Property Details for 3125 Prospect Rd

Property type
Other retail properties, Restaurants
RSF (Rentable sq. ft)
7,831 SF
Buildings
1

Unit(s) available at that property

Space
Size
3,031 SF
Rate per SF
$7.13

Location Insight

City
Peoria
County
Woodford
State
Illinois
Latitude
40.725860089896
Longitude
-89.574390515467
3125 Prospect Rd, Peoria, Illinois

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3125 Prospect Rd
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