840-908 Washington StPeoria, IL 61602

For Sale
$799,000

Peoria, IL Warehouse - $799,000

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional redevelopment opportunity encompasses two buildings totaling 55,632 square feet on a 0.62-acre lot in Peoria, Illinois' Warehouse District. The property is zoned WH and offers significant potential for adaptive reuse. One building, located at 840 SW Washington, is a single-story warehouse featuring 15-foot ceilings and a 14 x 12 overhead door. The second building, situated at 908 SW Washington, is a five-story structure encompassing 50,760 square feet, including a basement and lower level. The upper four floors provide expansive open space with exposed brick and timber, presenting a unique architectural character. The asking price for this multi-tenant property is $799,000, translating to a price per square foot of $14.36. This prime location in the Warehouse District offers easy access to Peoria's central business district and major transportation routes. The property's size, unique architectural features, and desirable location make it an attractive investment for developers seeking a high-impact project. The substantial square footage and flexible zoning provide ample opportunity for a variety of commercial uses. This is a rare chance to acquire a significant property in a thriving urban area.

Highlights

  • Exceptional redevelopment opportunity: Two buildings totaling 55,632 square feet on a 0.62-acre lot in Peoria, IL's Warehouse District.
  • Zoned WH, offering adaptive reuse potential.
  • Includes a single-story warehouse (840 SW Washington) with 15-foot ceilings and a 14 x 12 overhead door, and a five-story building (908 SW Washington) totaling 50,760 square feet with exposed brick and timber.
  • Asking price: $799,000 ($14.36/SF).
  • Prime Warehouse District location with easy access to Peoria's CBD and major transportation routes.

Property Details for 840-908 Washington St

Property type
Other warehouses, Other industrial properties
Square Feet
55,632 SF
Buildings
2
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.6842396
Longitude
-89.5983598
840-908 Washington St, Peoria, Illinois

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840-908 Washington St
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