251 Derby StPekin, IL 61554

This exceptional turnkey opportunity presents a well-established bar and restaurant located at 251 DERBY Street, Pekin, IL 61554. The property, encompassing a generous 2,640 square feet on a 0.45-acre lot (APN: 04-10-03-402-015), is zoned B-3 and features a single-story building with ample parking. Recently closed in August 2024, this former full-service concert venue, known as The Twisted Spoke Saloon, boasts a full kitchen, outdoor patio space, and is offered with all furniture, fixtures, and equipment included. The sale includes leased gaming machines, an ATM, a jukebox, and league dartboards. The building itself is in excellent condition and features a state-of-the-art sound system, reflecting recent updates. This presents a unique chance to acquire a well-known Pekin establishment, complete with existing infrastructure and potential for immediate operation. The asking price for this owner/user investment is $225,000. The property is situated in Tazewell County and offers significant potential for a new owner to capitalize on its established reputation and existing assets. This is a rare opportunity to step into a ready-made business in a desirable location.