Regency Plaza presents a rare opportunity to acquire a nine-story mixed-use asset in downtown Peoria, Illinois, combining a ±554-stall covered parking garage with multi-tenant office and retail space. Totaling ±272,875 square feet, the property includes ±204,516 SF of structured parking and ±68,360 SF of gross office area, with floors eight and nine dedicated to office use and lobby entrance with additional office/retail space on the first floor. Strategically located just two minutes from Interstate 74 and adjacent to the Four Points by Sheraton hotel, the property benefits from unmatched visibility and accessibility. The site spans 0.77 acres and is zoned B-1 Downtown Business, allowing for future vertical development up to 13 stories with no maximum FAR. Peoria’s downtown is a vibrant hub for healthcare, education, and government, with proximity to the Peoria County Courthouse, Civic Center, and Riverfront Museum. The city’s multimodal transportation infrastructure—including river, rail, and interstate access—supports long-term growth and connectivity to major Midwest markets.