5805 N Knoxville Avenue, Peoria, IL 61614
sale
$1,600,000
|
Other
Courtesy Of Snyder Real Estate Agency, Inc.
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.
Read More About This Property
Read Less About This Property
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Cooling System: Central Air
- Floors: 2
- MLSID: 12510880
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,850,000
Other
502 NW BRYAN Street
Peoria, IL 61603
Land: 0.36 Acres
Courtesy Of Keller Williams Premier Realty
sale
$1,750,000
Other
500 NE MADISON Avenue
Peoria, IL 61603
Courtesy Of Keller Williams Premier Realty
sale
$1,300,000
Other
8215 N ALLEN Road
Peoria, IL 61615
Land: 2.92 Acres
Courtesy Of Jim Maloof Realtor
sale
$1,300,000
Other
2210 NE JEFFERSON Avenue
Peoria, IL 61603
Land: 1.1 Acres
Courtesy Of Keller Williams Premier Realty