5016 N University St
$670,000
5016 N University St, Peoria, IL 61614
11,649 sqft
Building Size
1.6545 acres
Lot Area
Details:
Description:
Flexible Owner-User Opportunity: 11,649 SF multi-tenant office building featuring flexible suite configurations for immediate occupancy and long-term business growth.
Built-In Cash Flow: Currently 39.6% occupied by established tenants, providing immediate in-place income to offset operating expenses and debt service.
Immediate Space Available: 7,042 SF across four vacant suites, providing significant flexibility for owner occupancy, expansion or lease-up.
Attractive Basis: Offered at $670,000 ($57.52), representing a compelling entry price relative to modern replacement costs.
Flexible Multi-Suite Layout: Multi-tenant configuration allows for phased owner expansion over time as space needs evolve.
GLENHAVEN ADD NE 1/4 SEC 20-9-8E LOTS 11-12-13 (EXC W 1O' THEREOF)
Location
Gallery
