Turnkey Restaurant

Investment Overview

Going to Auction: 10/5/26 - 10/7/26 Unlock a highly adaptable commercial footprint with endless possibilities! Located at 2920 NE Adams Street, Peoria, IL 61603, this 2,947-square-foot freestanding building sits on a spacious 0.88-acre lot. Positioned along a heavily trafficked main thoroughfare with exceptional street frontage, this site is engineered from the ground up for high-capacity customer volume and maximum operational efficiency. Thanks to its highly flexible Heavy Industrial (I2) zoning, this property completely bypasses restrictive retail covenants. It allows for an instant pivot back to its original high-volume restaurant use, while remaining fully open to adaptive reuse for automotive, medical, or specialized service businesses.

Investment Highlights

• 2,947 SF turnkey freestanding building on 0.88 Acres going to Auction: 10/5/26 - 10/7/26
• Fully operational wrap-around drive-thru, ideal for fast-food, coffee shops, or drive-up retail
• Built-in infrastructure offers dedicated space for heavy-duty commercial hoods, prep lines, and walk-in refrigeration units
• I2 zoning allows such uses as automotive/express services, medical/veterinary uses, and trade suppliers & logistics
• Located in the Peoria Urban Enterprise Zone, providing valuable local tax advantages and development perks
• Expansive parking lot with ingress & egress directly on Adams & high-visibility pylon signage