Property Description
This investment property includes the 1,550 SF conveinence store and a large parking lot, totalling 0.63 acres, on the hard corner at the intersection of Western Ave. and Lincoln Ave. (State Route 116). This successful tenant has a new 5 year lease at $2750/mo and tenant pay all utilities. There is a 5 year option that includes a dramatic lease rate increase. Average annual daily traffic count (AADT) is 11,450. This property is located in the Peoria Urban Enterpise Zone Amendement 9 (PUEZ 9) which featuers incentives for developers. The sale includes two parcels – 1911 Lincoln & 1913 Lincoln (1807483033).
Features
: Forced Air, Natural Gas
: Central Air
: Composition Shingle
: Tile, Concrete, Other
CN Comm
Address Map
US
IL
Peoria
Peoria
LINCOLN
1911
Avenue
0
W90° 22' 34.4''
N40° 40' 53.6''
Corner of W. Lincoln Ave. (Route 116) and S. Western Ave.
MLS Addon
RE/MAX Traders Unlimited
Justin
Ball
$0
: Block, Other, Frame, Ornamental Block
264
: One, Free Standing, Single Tenant
RMAPAP1009398
RMAPAPRMAX
Active
18-07-483-033
: Public Sewer
$2,666
2024
justinashbyball@gmail.com
Commercial Sale For Sale
1911 LINCOLN Avenue, Peoria, Illinois
0 Acre
$275,000
Listing ID #RMAPA1260252
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : RMAPA1260252
Price : $275,000
Lot Size : 0 Acre
Property Sub Type : Commercial
Standard Status : Active
Agent info
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