1805 Riverway DrPekin, IL 61554

For Sale
$3,150,000

40,558 SF Flex Building, Pekin, IL

Overview

Added:
Dec 11, 2024
Days on market:
93
This vacant 40,558-square-foot flex building in Pekin, Illinois, presents a compelling investment opportunity. Situated on a 3.68-acre lot, the property features a dry, open warehouse with office space and boasts ceiling heights ranging from 15 to 18 feet. Recent updates within the last five years include the installation of multiple 2-ton to 12-ton HVAC units, many still under warranty. The building is conveniently located off Route 29 (S. 2nd Street), within an established industrial/flex area near the Pekin Park District Sports Complex. Nearby businesses include Excalibur Seasoning, Amerhart, DCX-Chol Enterprise, KMI Packaging & Exporting, Winpak of Pekin, and Johnson HVAC. The asking price is $3,150,000, translating to $77.67 per square foot. The property is located in the Enterprise Zone South, and additional acreage may be available. This well-maintained facility offers significant potential for a variety of industrial and flex uses. The property's strategic location and recent upgrades make it an attractive option for businesses seeking efficient and modern warehouse and office space in a thriving industrial area.

Highlights

  • 40,558 SF steel flex building on a 3.68-acre lot.
  • Dry warehouse with office space.
  • 15'-18' clear ceiling heights.
  • Recently renovated within the last five years.
  • Equipped with 2-ton to 12-ton HVAC units installed within the last five years, many still under warranty.
  • Potential for additional acreage.

Property Details for 1805 Riverway Dr

Property type
Other industrial properties, Flex space
Square Feet
40,558 SF
Lot Size (sq. ft)
160,301 SF

Location Insight

City
Pekin
County
Tazewell
State
Illinois
Latitude
40.5485232
Longitude
-89.6605135
1805 Riverway Dr, Pekin, Illinois

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1805 Riverway Dr
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