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Bar/Restaurant - Active 3-Way Liquor License 199 E Hwy 60

3,600 SF 100% Leased Retail Building Pekin, IN 47165 $248,057 CAD ($69 CAD/SF)

Investment Highlights

  • Great spot to lease space out for events
  • Sports Bar / Bar & Grill
  • In the heart of Pekin

Executive Summary

ENDLESS POSSIBILITIES! This 3600+ square foot facility has a full built-in, wrap around bar, pool tables, concert stage, dance floor, & full kitchen. There is a huge outside area to host games and events, with covered porch, smoker/grill, & picnic tables. Parking in the front and back of facility. Plenty of opportunities to host venues or lease out space. Active 3-Way Liquor License at facility plus Sunday sales. Bundle offering of $50,000 discount on purchase of both 1125 State Street, New Albany, IN 47150 AND 199 SR 60, Pekin, IN 47167.

Property Facts

Sale Type
Investment
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Bar
Building Size
3,600 SF
Building Class
C
Year Built
1984
Price
$248,057 CAD
Price Per SF
$69 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.50 AC
Zoning
C - Commercial
Parking
30 Spaces (8.33 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
88-14-24-444-060.000-014
Land Assessment
$18,377 CAD
Improvements Assessment
$104,971 CAD
Total Assessment
$123,348 CAD
  • Listing ID: 30402442

  • Date on Market: 2023-12-19

  • Last Updated:

  • Address: 199 E Hwy 60, Pekin, IN 47165

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