315-317 Main St Peoria, IL 61602

Property Details for 315-317 Main St

Property size

8,600 SF

Property type

Commercial real estate

Description

This exceptional 8,600 square foot mixed-use commercial property is situated at 315-317 Main Street in Peoria, Illinois, offering a fantastic investment opportunity. The building boasts two attractive Main Street storefronts directly across from the courthouse, providing unparalleled visibility and high foot traffic. This prime location is ideal for a variety of retail or office businesses. The property's versatility extends beyond the ground floor, featuring three spacious rental units above, currently used for mid-length rentals. This provides a significant additional income stream for the owner. The existing business operations on-site present an opportunity to take over established ventures, offering a seamless transition and potential for immediate revenue generation. The property's size and location make it suitable for a range of uses, from expanding an existing business to establishing a new enterprise. The high-profile location and existing rental income make this a compelling investment opportunity in a thriving Peoria commercial district. The building's substantial square footage offers ample space for various business needs, while the multiple income streams ensure a robust return on investment. Interested parties are encouraged to inquire for further details regarding the potential business opportunities available. This is a rare chance to acquire a well-established, high-traffic commercial property in a desirable location.

Location Insight

City

Peoria

County

Peoria

State

Illinois

Longitude

-89.5903

Latitude

40.6921