Properties

Features
: Central Air
Address Map
US
IL
Peoria
Peoria
61614
Knoxville
5805
Avenue
W90° 24' 8.2''
N40° 45' 27''
Knoxville Ave to the park entrance.
Peoria
Peoria
N
N
OTHER
Additional Information
6779
Food & Beverage
155x185x182x167
2
https://my.matterport.com/show/?m=ud9JyApHEns&brand=0
BHHS Central Illinois, REALTORS
Brandon Shaffer
Financial
16528
Listing Information
Garrett VonDerHeide
97004
BHHS Central Illinois, REALTORS
970058
97004
MRED
Listing Information
980082
97004
BHHS Central Illinois, REALTORS
Active
2026-04-25T09:06:44Z
2025-12-07T06:05:29Z
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.

Business Opportunity For Sale

5805 N Knoxville Avenue, Peoria, Illinois 61614

$1,600,000
Listing ID#12510880
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Basic Details
Property Type : Business Opportunity
Listing Type : For Sale
Listing ID : 12510880
Price : $1,600,000
Listing Status : Active
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