Top of the line fully updated commercial property! This freestanding brick building in Arcadia Terrace is currently built out as a full modern lounge with a full commercial kitchen, gorgeous bar area, stage and sound equipment, VIP area, and much more. The kitchen features a black iron cook area with ANSUL system, walk-in freezer, pizza oven, hand sink, prep area, and more. All furniture, fixtures, and trade equipment to stay. B3-2 Zoning, Building is 3700 SQ FT feet, Lot is 4550 SQ FT, 34,400 (VPD) cars pass this location a day. Right near the corner of Peterson & Talman. Great visibility, great demographics! The building has been completely rehabbed, and is very well maintained. Fully updated electrical with 200amp electrical service. New 3-zone HVAC system, updated plumbing, and so much more. There is unlimited potential here! Great business district includes restaurants, bars, medical businesses , CPR Associates, various retailers, The Center for Advanced Medicine & Surgery New Age Elder Care, Medical Laboratory, Dental Touch Dental Lab, and so many more. A space like this is a rare opportunity, don’t wait. Pervious buyer had their financing fall through, but the building appraised at $1.5 million. PIN NUMBERS – 2614 W Peterson – 13012270170000 – Tax amount – $8,355.19 2612 W Peterson – 13012270180000- Tax amount – $8,603.09. Transferable LC: PPA, Liquor, Food and Front Patio Permit. Call listing agent for showing.