406 Washington St Peoria, IL 61602

Property Details for 406 Washington St

Property type

Commercial real estate

APN

18-09-404-006

APU

1809404006

Description

This exceptional two-story, 5,290 square foot commercial property, located at 406 SW Washington St, Peoria, IL 61602, presents a unique investment opportunity. Built in 1970, this Class B building offers a versatile layout currently configured as a single-tenant office space. The main level encompasses approximately 4,260 square feet, featuring a welcoming reception area, six private offices, two conference rooms, a kitchen, file room, supply room, and separate restrooms. An additional 1,030 square feet of office space is available on a rear mezzanine level, bringing the total to 5,290 square feet. The property's zoning (B1) allows for flexibility, making it suitable for office use or redevelopment into retail or restaurant space. Its prominent corner location at Washington and Harrison Streets offers excellent visibility and accessibility, complemented by convenient onsite parking. The property's single-tenancy status provides a streamlined ownership experience. This Peoria County property (APN: 18-09-404-006) is an attractive option for businesses seeking a well-established space or developers envisioning a revitalization project. The building's existing infrastructure provides a solid foundation for either scenario. This is a rare opportunity to acquire a versatile commercial property in a desirable Peoria location.

Location Insight

City

Peoria

County

Peoria

State

Illinois

Longitude

-89.5923

Latitude

40.688

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments