1000 Washington St Peoria, IL 61602
- Industrial properties
Current Use by Public Records
- Industrial properties
Property Details for 1000 Washington St
- Property type
- Industrial properties
- APN
- 18-09-376-002
- APU
- 1809376002
Description
This exceptional 29,000 square foot commercial property at 1000 SW Washington Street in Peoria, IL presents a unique redevelopment opportunity within a thriving warehouse district. Situated on a 0.47-acre lot, this property boasts two 14,500 square foot floors, each featuring concrete floors and ceilings, offering significant flexibility for adaptive reuse. The existing loading dock facilitates efficient logistics, while the high ceilings provide ample vertical space. Although the freight elevator is currently out of service, the potential for future upgrades is significant. The property also offers approximately 10-15 on-site parking spaces, supplemented by a newly developed city parking lot and park directly behind the building, enhancing its appeal and accessibility. This prime location benefits from the surrounding revitalization efforts, with three adjacent buildings undergoing residential redevelopment and the addition of an event center and retail spaces across the street, creating a vibrant and growing commercial environment. The substantial roof space presents an additional opportunity for expansion or unique architectural features. This is an exceptional chance to capitalize on the ongoing transformation of this dynamic Peoria neighborhood. The asking price is $725,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.5994
- Latitude
- 40.6835
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
