Properties

Property Description

309 & 311 Main Street in downtown Peoria, Illinois are a truly unique commercial sale with retail, restaurant, theater, office and residential spaces included. This 21,915 SF multi-use complex offers a rare combination of historic character and diverse revenue streams in the heart of Downtown Peoria. Situated directly across from the Peoria County Courthouse, the property consists of two interconnected three-story buildings with a unique mix of retail, office, residential and restaurant space, anchored by a specialized theater venue. The buildings are fully sprinklered, featuring a subterranean bar/restaurant and direct access to a rear parking deck. Properties are sold as-is, where is with no guarantees. Established tenants in 309 Main Street – Leiter Group law offices and CxT Roasting Company currently lease for immediate cash flow. High-visibility Main Street frontage with significant foot traffic and professional prestige. This is an ideal acquisition for an owner-operator or fine arts organization looking to establish a signature headquarters while benefiting from additional rental income from adjacent commercial suites. This property is located in the PUEZ (Peoria Urban Enterprise Zone) #9 for potential incentives for development.

Features
: Other
: Other
: Flat
: Carpet, Tile, Concrete, Other
B-1
Address Map
US
IL
Peoria
Peoria
MAIN
309-311
Street
0
W90° 24' 35.4''
N40° 41' 31.1''
Main Street near the Adams Intersection
MLS Addon
RE/MAX Traders Unlimited
Justin
Ball
$0
: Brick, Other, Stone, Frame, Ornamental Block
37
: Three Or More, Multi-tenant, Other
RMAPAP1009398
RMAPAPRMAX
Active
18-09-256-041
: Public Sewer
$19,894
2024
justinashbyball@gmail.com

Commercial Sale For Sale

309-311 MAIN Street, Peoria, Illinois

0 Acre
$599,000
Listing ID #RMAPA1265449
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : RMAPA1265449
Price : $599,000
Lot Size : 0 Acre
Property Sub Type : Commercial
Standard Status : Active
Agent info
Gateway Realty Group
Contact Agent