5601 Washington StPeoria, IL 61607

Property Details for 5601 Washington St

Lot size

0.63 AC

Property type

Other commercial real estate

APN

17-24-458-002

APU

1724458002

Description

This exceptional 2,622-square-foot retail property, located at 5601 S Washington St in Peoria, Illinois (zip code 61607), presents a unique investment opportunity. Situated in Peoria County, this single-tenant building is currently vacant and ready for immediate occupancy. Built in 1990, the property boasts a C zoning classification, making it suitable for a variety of retail or restaurant uses. The building's substantial size offers ample space for a diverse range of business concepts. Its strategic location ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access for customers. This property is an excellent choice for entrepreneurs and investors looking to establish a presence in a thriving Peoria market. The entire 2,622 square feet is available, providing a blank canvas for customization and development to suit specific business needs. This is a rare chance to acquire a well-positioned retail space in a desirable area, offering significant potential for growth and return on investment. The property's existing infrastructure provides a solid foundation for a successful venture, minimizing initial setup costs and allowing for a swift transition into operations. Don't miss this opportunity to secure a prime location in a bustling commercial area.

• Alternative Use

  Use

  Valuation

  Residential

  $8,403,927

  Hospitality

  $7,697,952

  Educational

  $6,404,606

  Medical

  $6,624,870

  Retail

  $9,962,720

Location Insight

City

Peoria

County

Peoria

State

Illinois

Latitude

40.6529

Longitude

-89.6487

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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