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309 Main Street Peoria, IL 61602 Commercial - Retail Active

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Description

The 4,953 SF, three-story investment property at 309 Main Street in downtown Peoria, Illinois, features both retail and office spaces with active leases.  The main level retail space is leased by CxT Coffee and the second and third floors are currently occupied by The Leiter Group (law firm).  The law firm's second-floor office space includes two private offices, a reception area, and a work room; the third floor includes an open atrium, a large work room, three private offices, a kitchen, and a file room.  The law firm floors can be vacated for owner occupancy or can continue to be leased.  The building is fully sprinklered and is sold as-is, where is with no guarantees.   This property is also for sale with the adjacent property, 311 Main Street, which offers a renovation opportunity for the vacant historic theater, retail spaces and a lower-level (below street level) bar (formerly Richards Underground).

Property Highlights

Property Type: Commercial - Retail
Building Description: 3.0 stories
Available Sqft: 14966

General Information

County: Peoria
Listed By:
RE/MAX Traders Unlimited Mobile: 309-323-0399
RMLSA
$324,900
Est. $2,131/mo
Active
SQUARE FEET4,953 MLS#PA1265450
STATUSActive PROPERTY TYPECommercial - Retail

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309 Main Street, Peoria, IL 61602.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $324,900$324,900$324,900
Down Payment $64,980$11,372$81,225
Monthly Mortgage Amount $1,579$1,938$2,007
Taxes $452$452$452
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$143$0
Monthly Estimated Total $2,131$2,633$2,559

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