For Sale
$749,000

201 Adams St Peoria, IL 61602

Prime location, 12,658 sq ft, B Class

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property, located at 201 NE Adams St in Peoria, IL, presents a unique investment opportunity. The two-story, 12,658 square foot building, constructed in 1964, boasts a sturdy block/concrete structure on a steel deck, allowing for potential future expansion. The building features two 6,329 square foot floors, plus an additional 6,329 square feet of usable basement space with high ceilings. A freight elevator services all three levels. The property includes a small warehouse area with an overhead drive-in door, ideal for storage or light manufacturing. The building is equipped with a 400 amp, 440-volt electrical system and a new boiler system installed in 2020. Its prime downtown location offers unparalleled visibility and accessibility, situated on the corner of Adams and Hamilton Streets, adjacent to the Peoria County Courthouse and the Caterpillar Administration building, and just one block from the new OSF Headquarters. The B1 zoning permits a variety of uses, making this a versatile space suitable for office, retail, or warehouse purposes. The asking price is $749,000. This single-tenancy building represents a strong investment in a thriving downtown area.

Highlights

  • $749,000 asking price for this Peoria, IL commercial property.
  • 12,658 square feet of space in a Class B building.
  • Single-tenant occupancy in a two-story building constructed in 1964.
  • Located at 201 NE Adams St, Peoria, IL 61602, in the central business district, near the Peoria County Courthouse, Caterpillar Administration building, and the new OSF Headquarters.
  • Features include a freight elevator, 400 amp 440-volt electrical service, and a new boiler system (2020).
  • Zoned B1.

Property Details for 201 Adams St

Property type
Retail properties, Office properties
Square Feet
12,658 SF
Class
B
Year Built
1964
Buildings
1
Stories
2

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.6930102
Longitude
-89.5882585

FAQs

What type of property is this?
Retail property - Prime location, 12,658 sq ft, B Class
Where is the retail property located?
The property is located at 201 Adams St Peoria, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: $749,000 asking price for this Peoria, IL commercial property.; 12,658 square feet of space in a Class B building.; Single-tenant occupancy in a two-story building constructed in 1964.
How can I contact the broker?
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201 Adams St
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