309 Main St - Storefront Retail/Residential FOR SALE


Peoria, IL 61602- Downtown Peoria
$324,900 USD
309-323-0399
309 Main St, Peoria, IL for Sale
$324,900 USD
Storefront Retail/Residential - FOR SALE
1/19
null | Request Cap Rate

309 Main St
Peoria, IL 61602
Downtown Peoria


HIGHLIGHTS

  • Highly Visible Downtown Location

OVERVIEW

The 4,953 SF, three-story investment property at 309 Main Street in downtown Peoria, Illinois, features both retail and office spaces with active leases. The main level retail space is leased by CxT Coffee and the second and third floors are currently occupied by The Leiter Group (law firm). The law firm's second-floor office space includes two private offices, a reception area, and a work room; the third floor includes an open atrium, a large work room, three private offices, a kitchen, and a file room. The law firm floors can be vacated for owner occupancy or can continue to be leased. The building is fully sprinklered and is sold as-is, where is with no guarantees. This property is also for sale with the adjacent property, 311 Main Street, which offers a renovation opportunity for the vacant historic theater, retail spaces and a lower-level (below street level) bar (formerly Richards Underground).

FOR SALE DETAILS

PRICE

$324,900 USD

PRICE/SF

$66 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,891 SF

ZONING

B-1

APN/PARCEL ID

18-09-256-041

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 Notice.