816-828 Glen Ave, Peoria, IL 61614

This exceptional 3.3-acre commercial land parcel presents a unique development opportunity in a highly desirable North Peoria location. Situated directly across from Notre Dame High School, this property boasts exceptional visibility and accessibility. Its strategic placement just a quarter block from a well-lit intersection ensures high traffic volume and prominent exposure for any future development. The property's zoning allows for a variety of commercial uses, making it an ideal investment for entrepreneurs and developers alike. The asking price for the entire 3.3-acre parcel is $650,000. Alternatively, a ground lease option is available for portions of the land, ranging from 1.51 to 3.3 acres. Lease rates are competitively priced at $0.84 per square foot and $1.00 per square foot, with a Net, Net, Net (NNN) lease structure. This flexible approach allows for tailored solutions to meet diverse development needs and budgets. The property's address is 816-828 W Glen Avenue, Peoria, Illinois, 61614. Its prime location, combined with the flexible ownership and leasing options, makes this a truly exceptional commercial real estate investment opportunity. Don't miss the chance to secure this strategically located property and capitalize on its immense potential. Contact us today to learn more and schedule a site visit.