The current owners have put siginificant work and upgrades into this neighborhood storage facility located in Peoria Heights, IL. The property features 89 self storage units and 4 additional leaseable spaces for warehouse or commercial use. There is a 65′ x 50′ two story warehouse building, a 5,500 sq. ft. building with 3 contractor bays, a second floor storage unit at 1,600 sq. ft., and a commercial unit with 2 offices, kitchen and full bathroom/shower. This business has favorable supply statistics and several new developments within a 5 mile radius. The property provides room to expand with outdoor leasing or construction of new units. There are also several contiguous properties that provide options for expansion in the small industrial zoned area surrounded by neighborhoods. Gross Income, Operating Expense and NOI in listing are pro forma.
421 MONETA Avenue Peoria Heights, IL 61616
Price Reduced
For Sale
421 MONETA Avenue
Peoria Heights, IL 61616
Price: $1,240,000
Type:
Commercial Sale
Commercial
Lot Size (Acres): 1.27
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