1001 E War Memorial Dr - Commercial LAND FOR SALE


Peoria Heights, IL 61616 61,420 SF
$1,575,000 USD
309-323-0399
1001 E War Memorial Dr, Peoria Heights, IL for Sale
$1,575,000 USD
Commercial LAND - FOR SALE
1/11
61,420 SF

1001 E War Memorial Dr
Peoria Heights, IL 61616


HIGHLIGHTS

  • 4 parcels, zoned B-2, totaling 1.41 Acres ready for development on US Hwy 150
  • 2 buildings are on the property - 5026 Sq. Ft. retail/office building (4-6 units) - oversized garage
  • This would be an ideal location for a gas station, drive-thru, restaurant or larger retail operation.

OVERVIEW

Excellent development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These four parcels total 1.41 acres and are all zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). There are currently two buildings on the property. One is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. The other is an oversized garage on the rear of the property from the previous home that had been on the parcel. This property provides two hard corners with multiple road accesses and daily traffic counts of over 25,000. This would be an ideal location for a gas station, drive-thru, restaurant or larger retail operation.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/ACRE

$1,117,014/AC

PRICE/SF

$26 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

1.41 AC

LAND SF

61,420 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

B-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.