Regency Plaza offers a rare auction opportunity to acquire a fully leased nine-story mixed-use asset in Downtown Peoria at 222 NE Monroe Street. Comprising a 554-stall covered parking garage with multi-tenant office and retail space, the property stands out for its recognizable gold-reflective glass-top banding. The asset totals approximately 272,875 square feet and includes 204,516 square feet of structured parking and 68,360 square feet of gross office space. Floors eight and nine are dedicated to office use, while the first floor features a lobby entrance and additional office/retail space. With near-direct access from Interstate 74 and adjacent to the Four Points by Sheraton, 222 NE Monroe Street benefits from excellent visibility and accessibility, with alluring parking lease potential. The 0.77-acre site is zoned B-1 Downtown Business, allowing for future vertical expansion up to 13 stories with no maximum Floor Area Ratio (FAR), offering substantial long-term development flexibility. Downtown Peoria serves as a regional hub for healthcare, education, and government, with the property positioned near the Peoria County Courthouse, Civic Center, and Riverfront Museum. The Transit Center, within a 15-minute walk, provides connections via Greyhound, Amtrak, and CityLink bus service, while river, rail, and interstate access enhance connectivity to major Midwest markets. For frequent flyers, General Wayne A. Downing Peoria International Airport (PIA) is 14 minutes away. Contact Rick Levin & Associates Inc. today for more information about this auction opportunity.