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Mixed-Use Retail and Office Building
For Sale
$324,900

309 Main Street, Peoria, IL 61602

Three-story building includes leased retail on the main level and office space on the second and third floors.

Property Size4,953 SF
Price / SF$65.60
Days on Market259

Property Features for 309 Main Street

General Information

Standard status Active
Size 4,953 SF
Property subtype General Commercial
Occupancy 100%

Additional Details

Business Included Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $6,598

Amenities

A/C - Other
3
Tile, Concrete, Other, Carpet
Flat

Building Details

Stories 3
Tenancy Multi
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball · License #475175281
Source: Xome
Added: Dec 19, 2025 Changed: Sep 1 Last Checked: Sep 4 at 3:15AM

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.

This three-story investment property offers a mixed retail-and-office configuration totaling 4,953 SF. The main level is set up as retail space and is leased by CxT Coffee. The second and third floors are occupied by The Leiter Group, a law firm.

The second-floor office includes two private offices, a reception area, and a work room. The third-floor layout includes an open atrium, a large work room, three private offices, a kitchen, and a file room. The firm’s office floors can be vacated for owner occupancy or can continue to be leased.

The building is fully sprinklered and is being sold as-is, where is, with no guarantees. The property is located at 309 Main Street in downtown Peoria, Illinois.

Key Highlights

  • 4,953 SF three‑story investment building at 309 Main Street in downtown Peoria, IL
  • Main level retail space is leased to CxT Coffee
  • Second and third floors are occupied by The Leiter Group (law firm) under active leases

Property Analytics

Current Use

Leiter Group Law Firm Law Office of Kenneth ... Law Firm

Suggested Use

Top Pick Storage Facility Auto Parts Store Garden Center Grocery & Convenience Store Acupuncture Carpet & Flooring 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

100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,916
Businesses Nearby

Demographics for 61602, IL

1,198
Population
813
Households
1.5
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$17,273
Median Household Income
$34,082
Median Earnings
$912
Median Rent
$222,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three-story building includes leased retail on the main level and office space on the second and third floors.
Where is this retail space located?
The property is located at 309 Main Street Peoria, IL.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 4,953 SF three‑story investment building at 309 Main Street in downtown Peoria, IL; Main level retail space is leased to CxT Coffee; Second and third floors are occupied by The Leiter Group (law firm) under active leases
More about this property
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