For Sale, USD 1,600,000
5805 N Knoxville Avenue, Peoria IL 61614, Peoria, Illinois, United States
Property Type : Commercial
Property Style : N/A
Build Size : 6,779 ft² / 630 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
A rare opportunity to acquire a long-established, multi-revenue hospitality business located in one of Peoria's most desirable park settings. This turnkey operation offers full-service dining, a popular bar component, a thriving take-away market, and a highly sought-after outdoor dining experience. The building includes approximately 6,779 sq/ft of finished space and sits on roughly 29,620 sq/ft of property, providing excellent flow for customers, staff, and operations. The business features multiple income streams including dine-in service, bar sales, grab-and-go market offerings, and established catering and large group/corporate capabilities. A separate cafe/market entrance allows for breakfast service, coffee, baked goods, deli items, and prepared meals. The property offers parking for 100+ vehicles, making it ideal for high-volume traffic and special events. The entire facility has been completely remodeled and updated, creating a modern, efficient, and visually appealing environment. All fixtures, inventory, supplies, recipes, and furniture remain, allowing a new owner to step into a fully operational, well-equipped business on day one. A pre-negotiated long-term lease is already in place at a fantastic rate, with options secured through 2038, providing stability and predictable overhead for many years to come. Located within a well-traveled Peoria park, the business benefits from consistent foot traffic from families, walkers, outdoor enthusiasts, and visitors attending community activities. The setting offers a unique customer experience not found in traditional commercial corridors. Ideal for an owner-operator or hospitality entrepreneur seeking diversified revenue and strong community recognition.
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5805 N Knoxville Avenue, Peoria IL 61614, United States,Illinois,Peoria is a 6,779ft² Peoria luxury Commercial listed for sale USD 1,600,000. This high end Peoria Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Peoria or search for luxury properties for sale in Peoria.