Commercial Sale in Peoria

$332,500

456 FULTON, 61602, Peoria, IL

Commercial Sale for sale in Peoria, 456 FULTON, 61602

456 FULTON, 61602, Peoria, IL

$332,500

Type: Commercial Sale

Description

10, 500+ Sq Ft Downtown Peoria Office Space – Iconic Twin Towers Rare opportunity to own a large office presence in downtown Peoria. Located in the Twin Towers, this offering includes four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, 18-09-211-023. Closest Google Pin to Peoria, IL! Establish your business in the heart of Downtown Peoria! Excellent location! Across from City Hall and minutes from the courthouse, riverfront, restaurants, and cafes, this property offers strong visibility for professional users, law firms, executive offices, or owner-occupants. Approx. $2.5M in potential city-backed improvements planned for the building. ~10, 500 SF (per seller) with two primary tenants plus “cloud tenants” generating additional income via business address agreements. Income: • Tenant 1: $900/mo + utilities | ~1, 000 SF | 3.5 years left • Tenant 2: $2, 000/mo + utilities | ~2, 500 SF | 4 years left • Automatic rent increases in place • Cloud tenants: $100–$200/mo each Owner occupies part of the space and may lease back ~6, 500 SF or less. Layout includes: • Executive Meeting Room • Junior Executive Meeting Room • 16–18 cubicles • 6-8 Private offices • Co-working, reception, break room, storage Office furniture and cubicles (~$60K value) included. Potential SBA 504 eligibility for owner-occupants using 51%+ of space. Access to tenant-occupied areas requires accepted LOI.

Location

456 FULTON, 61602, Peoria, IL

Data

Object TypeCommercial Sale
Purchase Price$332,500
Living Space0 m²
Plot Size975.48 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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