Barry, Illinois Commercial Real Estate 1 Listing
Barry, Illinois: A Premier Destination for Commercial Real Estate
Introduction
Barry, Illinois, presents a unique and compelling opportunity for commercial real estate (CRE) investors and professionals. Though modest in size, Barry is strategically positioned within Pike County, benefiting from a diverse economy supported by agriculture, small manufacturing, and emerging logistics sectors. The city’s commercial real estate market is buoyed by its strategic location and the proactive efforts of local economic development initiatives, making it an attractive destination for various CRE asset classes.
Economic and Industry Overview
Barry's economy is primarily driven by agriculture, with significant contributions from small manufacturing and logistics. The city's location within the rich agricultural belt of Illinois creates a strong demand for industrial and logistics properties. Regional economic development agencies, such as the Pike County Economic Development Corporation, are actively working to attract new businesses and support existing industries, which in turn stimulates demand for office and industrial spaces.
Strategic Location and Transportation Infrastructure
Barry's strategic location is one of its key strengths. The city is accessible via major highways, including Interstate 72, which connects it to larger markets and distribution centers. The proximity to the Mississippi River offers additional logistical advantages for freight and distribution operations. For air travel, the nearby Quincy Regional Airport provides commercial flights and cargo services, and the city is serviced by several rail lines offering freight solutions. These transportation advantages position Barry as a logistics hub with access to a broad labor pool.
Commercial Real Estate Inventory & Zoning
Barry offers a diverse range of commercial real estate submarkets, including a burgeoning Central Business District (CBD) and industrial corridors. Key asset classes in the city include industrial, retail, and office spaces. Recent zoning changes have facilitated the development of mixed-use projects and innovation districts, promoting a vibrant business environment. Investors can explore the Barry Zoning Map for detailed information on property classifications and development incentives.
Major Employers and Institutions
Barry hosts several major employers, including agricultural cooperatives, manufacturing firms, and logistics companies. The presence of these employers drives demand for commercial facilities, particularly industrial and office spaces. The city is also supported by local government institutions that contribute to its economic stability. For a comprehensive list of Barry's top employers, visit the Barry Business Directory.
Notable Commercial Developments & Projects
Barry is witnessing several notable commercial developments, including mixed-use projects and public-private partnerships focused on revitalizing the downtown area. The city is also exploring Opportunity Zones that provide tax incentives for investors. Detailed information on these projects can be found through the Barry Planning Department.
Building Permits, Planning, and Development Tools
For those interested in development within Barry, the city offers various resources to streamline the process: - City of Barry Building and Safety Department - Permitting Portal - Parcel Map Viewer - Barry Planning Commission - Development Code
Market Data & Economic Reports
Barry's commercial real estate market benefits from a wealth of publicly available data. Investors can explore regional economic reports and data sets through census.gov and the city's open data portal. Brevitas enhances this information with AI-powered aggregation, providing valuable insights through our Brevitas-powered dashboards.
Why Use Brevitas for Barry, Illinois CRE?
Brevitas stands out as a premier CRE marketplace for Barry, Illinois, offering AI-driven discovery and real-time market alerts. Our unique features include: - Auto-generated listing pages - Email and landing page tools - Integration with brokers and developers - Exclusive listings and premium exposure
These tools empower investors and brokers to navigate Barry's CRE landscape effectively, making Brevitas the go-to platform for commercial real estate in the region.
