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315-317 Main St Peoria, IL 61602

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For Sale
$850,000

Mixed-use building, prime Main Street location.

Property size:
8,600 SF

Property Features for 315-317 Main St

General Information

Property type
Other commercial real estate
Square Feet
8,600 SF

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Listing Contact
Mark Wagner

Listing Agency: Professional Leasing & Real Estate Services Listing Agent: Mark Wagner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 8,600 square foot mixed-use commercial property is situated at 315-317 Main Street in Peoria, Illinois, offering a fantastic investment opportunity. The building boasts two attractive Main Street storefronts directly across from the courthouse, providing unparalleled visibility and high foot traffic. This prime location is ideal for a variety of retail or office businesses. The property's versatility extends beyond the ground floor, featuring three spacious rental units above, currently used for mid-length rentals. This provides a significant additional income stream for the owner. The existing business operations on-site present an opportunity to take over established ventures, offering a seamless transition and potential for immediate revenue generation. The property's size and location make it suitable for a range of uses, from expanding an existing business to establishing a new enterprise. The high-profile location and existing rental income make this a compelling investment opportunity in a thriving Peoria commercial district. The building's substantial square footage offers ample space for various business needs, while the multiple income streams ensure a robust return on investment. Interested parties are encouraged to inquire for further details regarding the potential business opportunities available. This is a rare chance to acquire a well-established, high-traffic commercial property in a desirable location.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Daycare Center Big Box & Wholesale Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.59035
Latitude
40.69205

FAQs

What type of property is this?
Commercial real estate - Mixed-use building, prime Main Street location.
Where is this commercial real estate located?
The property is located at 315-317 Main St Peoria, IL.
What is the asking price?
The asking price for this property is $850,000.
More about this property
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