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Listed by Justin Ball • RE/MAX Traders Unlimited
$ 640,000
Est. payment /mo
New
3624 N UNIVERSITY ST #Lot 2-East Peoria, IL 61604
0.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PA1266061
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Commercial
Source rmlsa
Property Description
Secure your position at Peoria's busiest intersection with this premier development opportunity at the high-visibility corner of War Memorial Drive and University Street. Anchored by the proven draw of soon to be built Dutch Bros Coffee, this site captures an unmatched 45,000+ vehicles daily and offers national food franchises (QSR) and developers maximum flexibility through Build-to-Suit, ground lease, or purchase options. The project is shovel-ready with completed access roads, utilities stubbed to the boundary, and the added benefit of an active TIF District to support site improvements. This listing is for the footprint immediately next door to Dutch Bros that is a 0.59-acres. Buyers needing more land also have the two contiguous larger parcels immediately to the east and southeast available for sale totaling 2.443 additional acres. This is a rare chance to join a high-visibility retail corner development alongside McDonalds, Dutch Bros Coffee, and many more successful businesses! Site plan, ALTA, Phase I/II, earthwork, and more available upon request. Disclaimer: This listing is subject to the successful closing of the current buyer's contract.
Location
State IL
County Peoria
Area Paar Area
Zoning C-2
Direction SE corner of War (Rte 150) and University
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Other Connected, Phone Connected, Sewer Connected, Water Connected
View true
Garage 1
Building
Lot Description Access, Level, Sloped
Faces SE corner of War (Rte 150) and University
Sewer Public Sewer
Water Municipal/City
Others
Tax ID 14-29-401-034
Nearby Locations
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