4816 University St Peoria, IL 61614
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Vacant 31,250 SF Shopping Center
Property size:
31,250 SFProperty Features for 4816 University St
General Information
- Property type
- Lifestyle centers
- Square Feet
- 31,250 SF
- Lot Size
- 121,532 SF
Listing Agency: Maloof Commercial Real Estate Listing Agent: Daniel Maloof
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 31,250 square foot vacant shopping center presents a remarkable investment opportunity in Peoria, Illinois. Located at 4816 N University St, this property boasts a prime location in central Peoria, conveniently situated near the intersection of University and Glen Avenues. The property benefits from a large parking lot, an open floor plan, and excellent visibility. Its strategic placement offers easy access to major roadways and interstates, ensuring high traffic flow and accessibility for potential tenants. The property sits on a 2.79-acre lot and is priced at $105.60 per square foot. The surrounding area features a thriving mix of retail shops, restaurants, and office complexes, creating a strong commercial environment. This location is further enhanced by its proximity to Schnuck's and the Metro Centre Shopping Center, providing significant synergy and drawing substantial foot traffic. The vacant status offers a blank canvas for a wide range of retail concepts, allowing for customization and tailored development to meet specific business needs. This is a rare opportunity to acquire a well-positioned, sizable retail space in a bustling Peoria commercial district. The property's size, location, and potential make it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Spirit Halloween
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.610383
- Latitude
- 40.746414
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FAQs
What type of property is this?
Lifestyle center - Vacant 31,250 SF Shopping Center
Where is this lifestyle center located?
The property is located at 4816 University St Peoria, IL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: $3,300,000 asking price for a vacant 31,250 SF retail shopping center.; Located in Peoria, IL at 4816 N University St, on a 2.79-acre lot.; Features an open floor plan, large parking lot, and central location with convenient interstate access.