Restaurant and Coffee Shop
For Sale
$2,820,000
3628 N University St, Peoria, IL 61604
Commercial property offered for coffee shop and restaurant use, sized to support a dedicated food-and-beverage tenant.
Property Size1,268 SF
Price / SF$2,223
Days on Market101
Property Features for 3628 N University St
General Information
Standard status
Active
Size
1,268 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
5.35%
Traffic Count
54,000 vehicles/day
Building Details
Building Size
1,268 SF
Listing Agency:
Marcus & Millichap | San Diego
Listed By:
Phil Sambazis · License #License(s): CA: 01474991
(858) 373-3174
Source:
Marcusmillichap
Added: Jun 16
Changed: Sep 4
Last Checked: Sep 24 at 6:37AM
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 Marcus & Millichap | San Diego
Investment Insights
Based on property information with market context.
This listing presents a commercial real estate property marketed for coffee shop and restaurant use. The offering totals 1,268 square feet, providing a compact footprint suited to food-and-beverage operations that need an efficient customer-serving layout. The property is being offered for sale, with details limited to the information provided in the listing materials.
Located at 3624 N University St in Peoria, IL 61604, the asset benefits from direct street address identification for tenant and buyer due diligence. No additional specifics are provided regarding storefront configuration, parking, signage, or surrounding tenants, so those items should be confirmed during walkthrough and review of available documents.
For operators and investors evaluating smaller-format concepts, this size can be a practical fit for a café-style operation or a focused restaurant program. As marketed, the property is positioned for uses aligned with coffee shop and restaurant requirements. Interested parties should verify buildout condition, access logistics, and any landlord or regulatory constraints that may affect equipment, service flow, and operating footprint prior to making a commitment.
Located at 3624 N University St in Peoria, IL 61604, the asset benefits from direct street address identification for tenant and buyer due diligence. No additional specifics are provided regarding storefront configuration, parking, signage, or surrounding tenants, so those items should be confirmed during walkthrough and review of available documents.
For operators and investors evaluating smaller-format concepts, this size can be a practical fit for a café-style operation or a focused restaurant program. As marketed, the property is positioned for uses aligned with coffee shop and restaurant requirements. Interested parties should verify buildout condition, access logistics, and any landlord or regulatory constraints that may affect equipment, service flow, and operating footprint prior to making a commitment.
Key Highlights
- Commercial property offered for coffee shop and restaurant use.
- Sized to support a dedicated food‑and‑beverage tenant.
- Public remarks include 5.35%.
Property Analytics
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Current Use
Lease Details
54,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
267k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Dining 25%
Superstores 23%
Groceries 9%
Walmart
Superstores
60,211 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
45,335 visits/mo
0.2 miles
McDonald's
Dining
27,567 visits/mo
0.0 miles
Aldi
Groceries
24,218 visits/mo
0.1 miles
Steak 'n Shake
Dining
12,416 visits/mo
0.3 miles
Demographics for 61604, IL
29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- River Kitty Cafe — 3226 N University St, Peoria, IL 61604
- Dotty's — 3125 N University St, Peoria, IL 61604
- Hey, tea — 3311 N University St, Peoria, IL 61604
- Mc Café — 3600 N University St, Peoria, IL 61604
- Starbucks — 4125 N Sheridan Rd, Peoria, IL 61614
Frequently Asked Questions
What type of property is this?
Coffee shop - Commercial property offered for coffee shop and restaurant use, sized to support a dedicated food-and-beverage tenant.
Where is this coffee shop located?
The property is located at 3628 N University St Peoria, IL.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: Commercial property offered for coffee shop and restaurant use.; Sized to support a dedicated food‑and‑beverage tenant.; Public remarks include 5.35%.
