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251 Derby St
Pekin, IL 61554

The Twisted Spoke Saloon · Retail Property For Sale

Investment Highlights

  • Twisted Spoke Saloon in Pekin for sale, includes building, furniture, fixtures, and equipment.
  • Recently closed in August 2024; business can also be purchased.
  • Full kitchen, concert venue, outdoor patio, ample parking, and upgraded sound system.
  • Features leased gaming machines, ATM, jukebox, and league dartboards.

Executive Summary

The Twisted Spoke Saloon in Pekin is now available for sale. This bar with a full kitchen was recently closed in August 2024. The sale includes the building, all furniture, fixtures and equipment. The business can be purchased as well. The bar served as a full-service concert venue with outdoor patio space and ample parking. The building is in excellent condition as current ownership has upgraded the property including a state-of- the-art sound system. There are leased gaming machines, ATM, jukebox and league dartboards.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
2,640 SF
Building Class
B
Year Built
1953
Price
£177,041
Price Per SF
£67
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
0.45 AC
Zoning
B-3

About 251 Derby St , Pekin, IL 61554

This bar served as a full-service concert venue with outdoor patio space and ample parking. The building is in excellent condition as current ownership has upgraded the property including a state-of- the-art sound system. There are leased gaming machines, ATM, jukebox and league dartboards.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-10-03-402-015
Land Assessment
£12,212
Improvements Assessment
£27,005
Total Assessment
£39,217
  • Listing ID: 33588669

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 251 Derby St, Pekin, IL 61554

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