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Built-Out Office Suite
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406 SW Washington St, Peoria, IL 61602

Built-out office space with reception, multiple private offices, conference rooms, and restrooms, with option to expand to a rear mezzanine.

Property Size5,290 SF
Days on Market1129

Property Features for 406 SW Washington St

General Information

Standard status Active
Size 5,290 SF
Property subtype OFFICE

Amenities

onsite parking
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Moodyscre
Added: Jun 28, 2023 Changed: Jul 25 Last Checked: Jul 30 at 11:46AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

4,260 SF of built-out office space is available for lease, currently arranged with a reception/lobby area, six private offices, two conference rooms, a kitchen, file room, office supply room, and men’s and women’s restrooms. An additional 1,030 SF of office space in the rear mezzanine may be available to provide up to 5,290 SF total.

The property is located on the corner of Washington and Harrison Street in the warehouse district. Onsite parking is available, and while it is currently set up for office use, the building’s location and parking support consideration for a retail or restaurant redevelopment.

The space is suited to an office tenant seeking a defined reception area and multiple enclosed rooms, with flexibility to add mezzanine office space if needed.

Key Highlights

  • 4,260 SF built‑out office space for lease in the warehouse district
  • Reception/lobby plus six private offices and two conference rooms
  • Includes kitchen, file room, and office supply room

Property Analytics

Current Use

Crumbl - East Peoria Bakery Cohen Development Co Construction Company

Suggested Use

Top Pick Storage Facility Pet Grooming Service Florist Acupuncture (Bike/Boat/Book/etc) Store Locksmith

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,203
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
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Frequently Asked Questions

What type of property is this?
Office building - Built-out office space with reception, multiple private offices, conference rooms, and restrooms, with option to expand to a rear mezzanine.
Where is this office building located?
The property is located at 406 SW Washington St Peoria, IL.
What are key features of this property?
This property features: 4,260 SF built‑out office space for lease in the warehouse district; Reception/lobby plus six private offices and two conference rooms; Includes kitchen, file room, and office supply room
(309) 643-0717 Call to check price and availability
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