Downtown Peoria Multi-Use Commercial Property

313 Main St, Peoria, IL

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For Sale

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Multi-use commercial property with restaurant in downtown Peoria.

Type:OFFICE

Property size:

16,972 SF

Lot size:

0.13 Acres

Price / SF:

$20/SF

HighLights

Prime downtown location on Main Street, directly across from the Peoria County Courthouse.
Unique multi‑use commercial property suitable for retail, office, theatre, and residential purposes.
Includes a fully equipped 5,116 SF underground bar/restaurant.
Connected to a parking deck in the rear for convenient access.
Features a three‑story special use commercial building.
Equipped with a sprinkler system for safety.

We can help!

Listing Contact

Will Hayes

Learn more

For Sale

Contact for pricing

Multi-use commercial property with restaurant in downtown Peoria.

Type:OFFICE

Property size:

16,972 SF

Lot size:

0.13 Acres

Price / SF:

$20/SF

Added:: Feb 13, 2025
Days on Market:: 489
Last Refresh:: May 20 at 9:48 pm

Property Features for 313 Main St

General Information

Standard status: Active
Size: 16,972 SF
Lot size: 0.13 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Will Hayes

Listing agent Will Hayes License #475122056

Listing office Joseph & Camper Commercial

Listing date Feb 13, 2025

Source Moodyscre

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All listing content including descriptions, pricing, images are the copyrighted material of Joseph & Camper Commercial

HighLights

Prime downtown location on Main Street, directly across from the Peoria County Courthouse.
Unique multi‑use commercial property suitable for retail, office, theatre, and residential purposes.
Includes a fully equipped 5,116 SF underground bar/restaurant.
Connected to a parking deck in the rear for convenient access.
Features a three‑story special use commercial building.
Equipped with a sprinkler system for safety.

Overview

This unique multi-use commercial property is located in downtown Peoria. The sale includes a three-story special use commercial building and a 5,116 square foot fully equipped underground bar and restaurant. The property at 311 Main Street is currently configured for retail, office, theater, and residential use, while the restaurant is located at 313 Main Street. The buildings are equipped with a sprinkler system and connected to the parking deck in the rear. A portion of the restaurant is located under the Central Building and is leased back to the owner of 313 Main Street; the exact square footage of the restaurant conveyed with the sale versus what is leased back is currently being measured. The property is located on Main Street, directly across from the Peoria County Courthouse. The theater requires restoration to be brought back into service. The total property size is 16,972 square feet.

Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Location Insight

Map
Local Demand

City: Peoria
County: Peoria
State: Illinois
Longitude: -89.6809
Latitude: 40.6861

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What type of property is this?

Mixed-use property - Multi-use commercial property with restaurant in downtown Peoria.

Where is this mixed-use property located?

The property is located at 313 Main St Peoria, IL.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Prime downtown location on Main Street, directly across from the Peoria County Courthouse.; Unique multi‑use commercial property suitable for retail, office, theatre, and residential purposes.; Includes a fully equipped 5,116 SF underground bar/restaurant.

313 Main St, Peoria, IL

Multi-use commercial property with restaurant in downtown Peoria.

Property Features for 313 Main St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

North Peoria Commercial Corner Property

Specialty Commercial Building with Parking

Government Office Building Investment

Turnkey Dirt Track Stadium

Commercial Property with Multiple Income Streams

West Peoria Two-Story Office Building

Versatile Commercial Building in Peoria

Mixed-Use Commercial Strip Center

Peoria Church Building For Sale

Office Space on Knoxville Avenue

Two-Story Duplex with Detached Garage

Updated Storefront Retail Building

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