201 NE Adams St, Peoria, IL 61602

Building Details

Year Built

1964

Listing office Joseph & Camper Commercial Show Phone

Listing date Sep 12, 2024

Source Crexi

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Overview

This two-story commercial building is located in the central business district, at the corner of Adams and Hamilton. The building provides a total of 12,658 square feet above grade, with each of the first and second floors offering 6,329 square feet. An additional 6,329 square feet of usable space is available in the basement, which features tall ceilings. The heavy concrete construction on a steel deck allows for the potential addition of more stories. A freight elevator provides access to all three levels. The building is equipped with a 400 amp 440 volt electrical system and a new boiler system installed in 2020. A small warehouse area is located on the east side of the building and includes an overhead drive-in door. The basement and second level can be used as office, retail, or warehouse space. The property is in a prime downtown location adjacent to the Peoria County Courthouse and the Caterpillar Administration building, and one block from the new OSF Headquarters. It is located within the Enterprise Zone and River Edge Redevelopment Zone.

Suggested Use

Storage Facility Grocery & Convenience Store Auto Parts Store Real Estate Agency Garden Center Hair Salon Acupuncture Grocery & Convenience Store Wine and Liquor Store Clothing & Fashion Store

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

Location Insight

• Map
• Local Demand

City

Peoria

County

Peoria

State

Illinois

Longitude

-89.5882765

Latitude

40.6929619

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FAQs

What type of property is this?

Mixed-use property - Two-story commercial building with a usable basement in downtown Peoria.

Where is this mixed-use property located?

The property is located at 201 NE Adams St Peoria, IL.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Prime downtown location adjacent to the Peoria County Courthouse and Caterpillar Administration building, and one block from the new OSF Headquarters.; 12,658 sf above grade with an additional 6,329 sf of usable basement space.; Located within the Enterprise Zone and River Edge Redevelopment Zone.