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Historic Warehouse Flex Space
For Lease
$12 SF/Yr

725 Southwest Washington Street, Peoria, IL 61602

Historic warehouse building offers flexible suite sizes with exposed brick, high ceilings, and oversized industrial windows.

Space Size570 SF - 5,460 SF
Property Size10,475 SF
Days on Market81

Property Features for 725 Southwest Washington Street

General Information

Standard status Active
Size 570 SF - 5,460 SF
Total Parking Spaces 44
Property subtype Retail - Street Retail

Building Details

Building Size 10,475 SF
Units 5
Tenancy Multi

Spaces For Lease

at 725 Southwest Washington Street Contact us

Unit A $12/SF/Yr

Size
805 SF
Type
Retail
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Unit B

Size
570 SF
Type
Retail
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Unit C $12/SF/Yr

Size
840 SF
Type
Retail
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Unit F $15/SF/Yr

Size
2,800 SF
Type
Retail
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Unit G $15/SF/Yr

Size
5,460 SF
Type
Retail
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Commercialcafe
Added: Jun 17 Changed: Aug 27 Last Checked: Sep 5 at 4:26AM

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.

Historic Warehouse District building with authentic industrial character offering flexible retail, office, restaurant, studio, entertainment, and creative-use opportunities. Multiple suite sizes are available ranging from 570 SF to 8,260 SF. The building features exposed brick walls, high ceilings, and oversized industrial windows.

The property provides excellent visibility along Washington Street and includes approximately 44 on-site parking spaces, with additional land available for future parking expansion. It is walkable to restaurants, breweries, entertainment venues, and downtown employers.

Tenant customization opportunities are available, supporting a range of operational layouts within the available suites.

Key Highlights

  • Historic Warehouse District building with flexible use options for retail, office, restaurant, studio, entertainment, and creative uses
  • Multiple suite sizes available from 570 SF to 8,260 SF
  • Exposed brick walls, high ceilings, and oversized industrial windows

Property Analytics

Current Use

Specialty Import Distributing Big Box & Wholesale Store Loftie Spaces and Events Hotel & Motel

Suggested Use

Top Pick Storage Facility Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Hair Salon Acupuncture

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,953
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Peoria, IL

$14.5 /SF/Yr
Avg Asking Price
$6–$22 /SF/Yr
Price Range
12,025 SF
Avg Space Size

This space is priced 17% below the average of $14.5 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Central Illinois Catering 711 W McBean St, Peoria, IL 61605
  • Jr’s Kitchen 123 S, N MacArthur Hwy, Peoria, IL 61605
  • Canterbury Creations 456 Fulton St, Peoria, IL 61602

Frequently Asked Questions

What type of property is this?
Flex space - Historic warehouse building offers flexible suite sizes with exposed brick, high ceilings, and oversized industrial windows.
Where is this flex space located?
The property is located at 725 Southwest Washington Street Peoria, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Historic Warehouse District building with flexible use options for retail, office, restaurant, studio, entertainment, and creative uses; Multiple suite sizes available from 570 SF to 8,260 SF; Exposed brick walls, high ceilings, and oversized industrial windows
More about this property
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