309-311 Main St Retail FOR SALE


Peoria, IL - Downtown Peoria
$599,000 USD
309-323-0399
, Peoria, IL for Sale
$599,000 USD
Retail - FOR SALE
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309-311 Main St
Peoria, IL
Downtown Peoria


HIGHLIGHTS

  • Two interconnected three-story buildings with retail, office, and residential components.
  • Located directly across from the Peoria County Courthouse in Downtown Peoria.
  • Features include a historic theater, subterranean bar/restaurant, and rear parking access.
  • Fully sprinkled buildings with established tenants providing immediate cash flow.
  • Positioned within the Peoria Urban Enterprise Zone for potential development incentives.

OVERVIEW

309 & 311 Main Street in downtown Peoria, Illinois are a truly unique commercial sale with retail, restaurant, theater, office and residential spaces included. This 21,915 SF multi-use complex offers a rare combination of historic character and diverse revenue streams in the heart of Downtown Peoria. Situated directly across from the Peoria County Courthouse, the property consists of two interconnected three-story buildings with a unique mix of retail, office, residential and restaurant space, anchored by a specialized theater venue. The buildings are fully sprinklered, featuring a subterranean bar/restaurant and direct access to a rear parking deck. Properties are sold as-is, where is with no guarantees. Established tenants in 309 Main Street - Leiter Group law offices and CxT Roasting Company currently lease for immediate cash flow. High-visibility Main Street frontage with significant foot traffic and professional prestige. This is an ideal acquisition for an owner-operator or fine arts organization looking to establish a signature headquarters while benefiting from additional rental income from adjacent commercial suites. This property is located in the PUEZ (Peoria Urban Enterprise Zone) #9 for potential incentives for development.

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.