Regency Plaza
$2,250,000
222 NE Monroe Street, Peoria, IL 61602
272,875 sqft
Building Size
0.77 acres
Lot Area
Details:
Highlights:
- 272,875 sf mixed use property
- 204,516 sf covered parking deck
- 7-story deck with 554± parking stalls
- 55,815± sf Net rentable multi-tenant office spaces
- Offices located on 1st, 8th, & 9th floors
- Purchase Incentives
- Link to Hospitality TIF
- Link to River Edge Development
- Contact Broker for financial information
Description:
Introducing 222 NE Monroe Street, Peoria, IL – a prime commercial investment opportunity. This sprawling 272,875 SF mixed-use property boasts a 7-story covered parking deck with 554± parking stalls, offering convenience for tenants and visitors as well as income for investors. With 55,815± SF of net rentable multi-tenant office spaces across the 1st, 8th, and 9th floors, this property presents a good investment opportunity in the thriving Downtown Business zone. Currently at 35.7% occupancy, there's significant potential for expansion and increased returns. Explore purchase incentives and investment advantages, and secure a promising future with this property.
This commercial real estate opportunity is located in Peoria's Central Business District downtown. This location provides immediate access to Interstate 74 and with beautiful river views and picturesque cityscapes, this building is in the middle of the action. Sitting directly across from the Four Points by Sheraton, this building has nearby amenities of nearly every kind. From food to lodging to transportation, this opportunity is well positioned.
Electrical: Pad mounted transformers with service provided by Ameren
Fire/Life Safety: Wet sprinkler and fire alarm systems in 8th & 9th floor office areas
Concrete drive for access to the parking garage. Landscaped perimeter.
4 Spaces Available
1st Floor Unknown Sub Type
2 offices, work room & open area
8th Floor Unknown Sub Type
Will divide.
Additional space available at no charge. Useful for storage, computer room or dedicated conference room.
Existing cubicles/furniture (will remove if not wanted/needed)
9th Floor (2,392 sf), 9 Unknown Sub Type
3 offices & open office area
9th floor (3,333 sf), 9 Unknown Sub Type
6 private offices, conference room, break room, file room and large open area
Documents:
| Title | ||
|---|---|---|
| 222 Monroe Lease Brochure | ||
| 222 Monroe Sale Brochure.pdf |
Location
Gallery
