401 Peoria StWashington, IL 61571

For Lease
$4.27/SF/YR
8,424 sq ft Multi-Use Commercial Space

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 8,424 square foot multi-use property in Washington, Illinois presents a remarkable investment opportunity. Located at 401 PEORIA Street, 61571, this single-tenant building boasts a versatile layout ideal for a variety of commercial uses. The property features a substantial warehouse component totaling over 4,536 square feet, including two-story vehicle bays, ample open space, and convenient access via a 14x14 overhead door. Three-phase 200-amp electrical service ensures efficient operation. A recorded easement provides access to the west-side dock and doors. The office space, exceeding 6,000 square feet, is spread across two levels, offering a mix of private offices, open work areas, a conference room, and a break room. The building's design is thoughtfully arranged, with large open office space at the front, private offices in the middle, and the warehouse and docks at the rear. Convenient parking is available on the west side of the building. The property's zoning is Commercial, and it sits on a single lot (APN: 02-02-23-205-017). The building includes 15 parking spaces. The unique combination of warehouse and office space, along with its strategic location and functional design, makes this property an attractive option for businesses seeking a versatile and efficient workspace. This is a rare opportunity to acquire a well-maintained, multi-use building in a desirable location.

Highlights

  • 8,424 SF multi-use building in Washington, IL (61571) at 401 Peoria Street.
  • Features over 4,536 SF of warehouse space with two-story vehicle bays, a 14x14 overhead door, and three-phase 200-amp electrical service.
  • Over 3,888 SF of two-level office space including private offices, open work areas, a conference room, and break room.
  • 15 parking spaces and convenient west-side parking.
  • Commercially zoned, single-lot property (APN: 02-02-23-205-017).

Property Details for 401 Peoria St

Property type
Warehouses, Office properties
RSF (Rentable sq. ft)
8,424 SF
Buildings
1

Unit(s) available at that property

Space
Size
8,424 SF
Rate per SF
$4.27

Location Insight

City
Washington
County
Tazewell
State
Illinois
Latitude
40.7036257
Longitude
-89.4121411
401 Peoria St, Washington, Illinois

FAQs

What type of property is this?
Warehouse - 8,424 sq ft Multi-Use Commercial Space
Where is the warehouse located?
The property is located at 401 Peoria St Washington, IL.
What is the lease rate?
The lease rate is $4.27/SF/YR.
What are key features of this property?
This property features: 8,424 SF multi-use building in Washington, IL (61571) at 401 Peoria Street.; Features over 4,536 SF of warehouse space with two-story vehicle bays, a 14x14 overhead door, and three-phase 200-amp electrical service.; Over 3,888 SF of two-level office space including private offices, open work areas, a conference room, and break room.
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401 Peoria St
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