1506 W Luthy Dr - Light Manufacturing FOR SALE


Peoria, IL 61615- North Peoria
$1,200,000 USD
309-696-7200
1506 W Luthy Dr, Peoria, IL for Sale
$1,200,000 USD
Light Manufacturing - FOR SALE
1/12
null | Request Cap Rate

1506 W Luthy Dr
Peoria, IL 61615
North Peoria


HIGHLIGHTS

  • Heated warehouse
  • Drive-in Door & 2 Docks
  • 3,386 sf office space

OVERVIEW

Presenting a prime investment opportunity in the Peoria area, this industrial property boasts an impressive 18,748 square feet of versatile space, ideal for a range of warehouse and distribution activities. Zoned I1 (Industrial/Business Park Dist), the property enjoys full occupancy and a strategic location within a thriving industrial landscape. The spacious 16,362 square foot heated warehouse features (1) 8' dock and 2 drive-in doors, while the ±3,386 square foot office area encompasses 2 conference rooms, 3 private offices, and a breakroom. With its functional layout and strategic amenities, this property offers a compelling proposition for industrial, warehouse, and distribution investors seeking a high-performing asset in a coveted location.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

2

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.62

LAND SF

70,567

ZONING

I1

APN/PARCEL ID

1405302004

ASK ABOUT THIS PROPERTY

Daniel MaloofMaloof Commercial Real Estate CoMore Info
309-696-7200

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Daniel MaloofMaloof Commercial Real Estate CoMore Info
309-696-7200

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