Search
Spacious Retail Open-Plan Building
For Sale
Contact for pricing

4816 N University St, Peoria, IL 61614

31,250 SF retail facility with an open floor plan, ample natural light, and recently resurfaced parking.

Property Size31,250 SF
Price / SF$105.60
Days on Market493

Property Features for 4816 N University St

General Information

Standard status Active
Size 31,250 SF
Property subtype RETAIL

Additional Details

Highway Access Yes
Listing Agency: Maloof Commercial
Listed By: Dan Maloof · License ##471.000701
Source: Moodyscre
Added: Apr 16, 2025 Changed: Aug 15 Last Checked: Aug 15 at 9:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maloof Commercial

Investment Insights

Based on property information with market context.

This spacious 31,250 SF retail building features an open floor plan designed to support flexible retail or neighborhood center layouts. The property includes an ample amount of natural light and a well-maintained exterior for a clean, professional presentation. The roof was installed in 2019, and the parking lot has recently been resurfaced to support customer convenience.

Located at a lighted intersection with high visibility, the property also has nearby access to the interstate, supporting convenient customer travel. Overall, the layout and site improvements provide a practical setting for a range of retail uses.

Key Highlights

  • 31,250 SF retail facility with a spacious open floor plan
  • Ample natural light throughout for an inviting customer atmosphere
  • Roof installed in 2019

Property Analytics

Current Use

Spirit Halloween (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,275
Businesses Nearby
273k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Groceries 27% Shops & Services 24% Apparel 5%
Kroger Groceries
31,272 visits/mo 0.4 miles
Schnucks Groceries
27,814 visits/mo 0.1 miles
Chili's Grill & Bar Dining
25,059 visits/mo 0.2 miles
Culver's Dining
24,558 visits/mo 0.2 miles
CEFCU Shops & Services
16,853 visits/mo 0.5 miles

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - 31,250 SF retail facility with an open floor plan, ample natural light, and recently resurfaced parking.
Where is this retail space located?
The property is located at 4816 N University St Peoria, IL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 31,250 SF retail facility with a spacious open floor plan; Ample natural light throughout for an inviting customer atmosphere; Roof installed in 2019
(309) 693-3000 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message