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Downtown Mixed-Use Theater Complex

309-311 Main Street Peoria, IL 61602

309-311 Main Street, Peoria, IL, 61602
$599,000
For Sale
$599,000

Interconnected three-story mixed-use complex with on-site theater and direct rear parking deck access.

Property Size14,966 SF
Price / SF$40.02
Days on Market105

Property Features for 309-311 Main Street

General Information

Standard status
Active
Size
14,966 SF
Property subtype
Commercial
Listing agency RE/MAX Traders Unlimited
Listed by Justin Ball
Source Shawneehillsrealestate
Added: Apr 8 Updated: Jul 21 at 2:35AM Checked: Jul 21 at 2:35AM

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 RE/MAX Traders Unlimited


Investment Insights

Based on property information with market context.

309 & 311 Main Street is a multi-use commercial complex comprising two interconnected three-story buildings featuring a mix of retail, office, residential, and restaurant space, anchored by a specialized theater venue. The property is fully sprinklered and includes a subterranean bar/restaurant. Additional on-site convenience comes from direct access to a rear parking deck. The buildings are sold as-is, where is, with no guarantees.

The complex is located in downtown Peoria, Illinois, directly across from the Peoria County Courthouse. It offers high-visibility Main Street frontage and is currently occupied by established tenants at 309 Main Street, including Leiter Group law offices and CxT Roasting Company, both leasing for immediate cash flow.

The offering is located in the PUEZ (Peoria Urban Enterprise Zone) #9, which may provide potential incentives for development.

Key Highlights

  • 21,915 SF interconnected, three‑story mixed‑use complex with retail, office, residential, and restaurant space
  • Located in downtown Peoria, IL directly across from the Peoria County Courthouse
  • Specialized theater venue on‑site, plus a subterranean bar/restaurant

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Storage Facility Auto Parts Store Garden Center Grocery & Convenience Store Grocery & Convenience Store Acupuncture Carpet & Flooring Store (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

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

FAQs

What type of property is this?
Mixed-use property - Interconnected three-story mixed-use complex with on-site theater and direct rear parking deck access.
Where is this mixed-use property located?
The property is located at 309-311 Main Street Peoria, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 21,915 SF interconnected, three‑story mixed‑use complex with retail, office, residential, and restaurant space; Located in downtown Peoria, IL directly across from the Peoria County Courthouse; Specialized theater venue on‑site, plus a subterranean bar/restaurant
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