Excellent development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These four parcels total 1.41 acres and are all zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). There are currently two buildings on the property. One is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. The other is an oversized garage on the rear of the property from the previous home that had been on the parcel. This property provides two hard corners with multiple road accesses and daily traffic counts of over 25,000. This would be an ideal location for a gas station, drive-thru, restaurant or larger retail operation.
1001 WAR MEMORIAL Drive Peoria Heights, IL 61616
For Sale
1001 WAR MEMORIAL Drive
Peoria Heights, IL 61616
Price: $1,575,000
Type:
Commercial Sale
Commercial
Lot Size (Acres): 1.41
Agent:
Jessica Ball
Agent Phone: 309-363-2929
Agent Email: JessicaBall@remax.net
Broker:
RE/MAX Traders Unlimited
Broker Phone: 309-687-5000
Broker Email: robinsimpson@remax.net