900 Riverside Dr - Restaurant FOR SALE


East Peoria, IL 61611
$1,250,000 USD
309-323-0399
900 Riverside Dr, East Peoria, IL for Sale
$1,250,000 USD
Restaurant - FOR SALE
1/34
null | Request Cap Rate

900 Riverside Dr
East Peoria, IL 61611


OVERVIEW

Excellent restaurant opportunity in downtown East Peoria. This freestanding, updated, 6,932 sq. ft. restaurant is in a very busy shopping center just off of I-74, next to Chili's and Texas Road House, with the center anchored by Bass Pro Shops and Walmart. Nearby businesses include Lowe's, Target, Costco, Holiday Inn and the Levee District shopping center. All furniture, fixtures and equipment (FF&E) are included in the sale and the existing restaurant business, Social Taco - Mexican Restaurant, could be sold as well (currently has liquor license). The site features 95 parking spaces and 200' of frontage. The restaurant currently has seating for 82 that could easily be expanded to 120, and the kitchen equipment includes fryers, grill, flat top, stove, walk-in cooler to walk-in freezer, beer cooler/storage, POS systems and screens, prep stations/line, and more. The restaurant can also be leased.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

01-01-29-203-004

ASK ABOUT THIS PROPERTY

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.