5805 N Knoxville Avenue
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.
- Asia Grill 450 ft
- Eat and evolve 500 ft
- Childers Eatery Junction City 650 ft
- Hacienda el Mirador 700 ft
- Cyd's Take Away Market 0.2 mi
- The Missing Zither 0.2 mi
- Schnucks 1.2 mi
- Kroger 1.2 mi
- Donovan Park 0.2 mi
- Endres Park 0.6 mi
- Forest Park Nature Preserve 0.7 mi
- Bicycle Safety Town 0.7 mi
- Prospect Park 0.8 mi
- Peoria Heights Suburban Park 1.0 mi
- CxT Roasting Company 0.2 mi
- Starbucks 1.2 mi
- Leaves and Beans 1.3 mi
- Cafe Santa Rosa 1.5 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12510880