230 Conference Center DrEast Peoria, IL 61611

For Lease
$0.01/SF/YR

Prime location, fully equipped, high revenue potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 8,411 square foot restaurant and event center presents a unique investment opportunity. Situated on a 2.25-acre lot in Tazewell County, this single-tenant property boasts a prime location overlooking the Illinois River. The building is zoned B3 and offers a fully built-out interior, ready for immediate operation. The open kitchen concept is a highlight, featuring a main dining area, an aft kitchen with extensive dish and prep areas, and auxiliary hoods for fry preparation. Brewing enthusiasts will appreciate the five 527-gallon brewing tanks, complete with a walk-in reserve cooler. Ample storage is provided by multiple walk-in freezers and coolers. A fully furnished bar area complements the space, and an outdoor dining area provides stunning river views. This turnkey operation has the potential to generate significant revenue, making it an ideal acquisition for a discerning restaurateur or investor. The property's current configuration is designed to maximize efficiency and profitability, offering a rare opportunity to establish a thriving business in a highly desirable location. The seller is offering a period of free rent, further enhancing the value proposition. This is a truly one-of-a-kind opportunity to acquire a destination restaurant with exceptional potential.

Highlights

  • Restaurant property totaling 8,411 square feet on a 2.25-acre lot.
  • Single-tenant occupancy.
  • Located in Tazewell County with B3 zoning.
  • Features a fully built-out interior including an open kitchen, bar, multiple walk-in coolers/freezers, and five 527-gallon brewing tanks.
  • Includes outdoor seating overlooking the Illinois River.

Unit(s) available at that property

Space
Size
8,411 SF
Rate per SF
$0.01

Location Insight

City
East Peoria
County
Tazewell
State
Illinois
Latitude
40.681749762501
Longitude
-89.592894122456
230 Conference Center Dr, East Peoria, Illinois

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230 Conference Center Dr
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