Lock-Tite Storage
$1,399,000
215 Fayette Street & 309 Mechanic, Pekin, IL 61554
31,556 sqft
Building Size
0.75 acres
Lot Area
Details:
Highlights:
- 215 Fayette, Storage Units:
- 12,152 sq. ft. total w/ indoor loading dock
- 80 units total & 49 units leased
- (14) 5' X 5' Units; (13) 5' x 10' Units
- (25) 10' x 10' Units; (28) 10' x 15' Units
- 309 Mechanic, Brock Industrial:
- 19,404 sq. ft. building
- Fully leased by long-time tenant
- 1,260 sq. ft. office w/ remaining warehouse
- Currently in year 2 of 4-year lease term
Description:
Introducing a prime investment opportunity at 215 Fayette Street & 309 Mechanic, Pekin, IL. This property features a 31,556 SF building comprising two units, with a host of attractive amenities. At 215 Fayette, the storage units encompass 12,152 sq. ft., including an indoor loading dock, and are currently 40% occupied with 80 units in total. Nearby, 309 Mechanic boasts a 19,404 sq. ft. building fully leased by a long-term tenant. Zoned in the Enterprise Zone South, this property holds substantial potential for an industrial or self-storage investor seeking a robust return on investment in the Pekin area.
Located between 2nd & 3rd Streets near the Secretary of State's office and Dairy Queen. Only minutes to IL State Route 9 (John T. McNaughton Bridge). Other area businesses include Pekin City Hall, the Tazewell County Courthouse, & several office and retail businesses.
Documents:
| Title | ||
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| Lock-Tite_Storage.pdf | ||
| Lock-Tite_Storage.pdf |
Location
Gallery