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514 W Main Street

Peoria, IL 61606
  • $999,900
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: PA1240013
UPDATED: 14 min ago
$999,900
  • 0
    BEDS
  • 1.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Great opportunity to purchase for use or redevelop 1.65 acres on highly traveled Main St. between the hospitals and Bradley University. This large piece of land would be perfect for multi-use housing/retails development. One building was a previous car dealership with lots of space for storage. Adjacent building section has apartments above and office space. On the other side of the parking lot is a former restaurant building. All can be sold together or negotiable to split the buildings. Additional adjacent parcels totaling 1.14 acres available for larger scale development.

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© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2023-03-29T17:45:02.61.
www.brysonsmithteam.com/homes/136317405
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514 W Main Street Peoria, IL 61606

  • Price: $999,900
  • Status: Active
  • On Site: 67 Days
  • Updated: 14 min ago
  • ID#: PA1240013
0
Beds
0
Baths
0
½ Baths
1.65
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
Great opportunity to purchase for use or redevelop 1.65 acres on highly traveled Main St. between the hospitals and Bradley University. This large piece of land would be perfect for multi-use housing/retails development. One building was a previous car dealership with lots of space for storage. Adjacent building section has apartments above and office space. On the other side of the parking lot is a former restaurant building. All can be sold together or negotiable to split the buildings. Additional adjacent parcels totaling 1.14 acres available for larger scale development.
Exterior Features

Construction Materials BlockBrickGlassFrame Outdoor Dining YN No Roof Other

Interior Features

Building Area Total 31333 Common Laundry YN No Cooling Central Air Flooring CarpetConcrete Heating Forced AirGas Individual Laundry YN No Walk In Cooler YN No Walk In Freezer No

Property Features

100 Year Flood Plain No Agent Owned No Disclosed Short Sale No Financing Cash OnlyConventional Foreclosure YN No Frontage Type City StreetFrontage RoadPaved 2Lane Irregular Lot YN Yes Levels TwoMulti-TenantOther Loading Dock YN No Lot Size Dimensions 1.65 Acres Net Operating Income -20653 Possible Use Business ParkFlex SpaceOffice ShowroomWarehouseFreestanding BuildingOfficeRetailVehicle RelatedInvestmentMulti-FamilyRestaurant Security System YN No Sewer Public Sewer Sprinkler YN No Tax Annual Amount 20653.08 Tax Incentive1 Enterprize Zone Tax Year 2021 Type Commercial Underground Storage Tank YN No Virtually Stage YN No Water Source City Water/Connected Zoning Mw

Listing provided courtesy of Zachary Oyler of Re/Max Traders Unlimited: Pref: 309-472-8037.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2023-03-29T17:45:02.61.
 
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Bryson Smith Team | Keller Williams Premier Realty
4815 North Prospect Road
Peoria IL, 61616