3624 N UNIVERSITY ST #Lot 2-East, Peoria, IL 61604
3624 N UNIVERSITY ST #Lot 2-East, Peoria, IL 61604
3624 N UNIVERSITY ST #Lot 2-East, Peoria, IL 61604
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Justin Ball • RE/MAX Traders Unlimited
$640,000
Est. payment /mo
0.59 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID PA1266061

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Commercial

Source rmlsa

Property Description

Secure your position at Peoria's busiest intersection with this premier development opportunity at the high-visibility corner of War Memorial Drive and University Street. Anchored by the proven draw of soon to be built Dutch Bros Coffee, this site captures an unmatched 45,000+ vehicles daily and offers national food franchises (QSR) and developers maximum flexibility through Build-to-Suit, ground lease, or purchase options. The project is shovel-ready with completed access roads, utilities stubbed to the boundary, and the added benefit of an active TIF District to support site improvements. This listing is for the footprint immediately next door to Dutch Bros that is a 0.59-acres. Buyers needing more land also have the two contiguous larger parcels immediately to the east and southeast available for sale totaling 2.443 additional acres. This is a rare chance to join a high-visibility retail corner development alongside McDonalds, Dutch Bros Coffee, and many more successful businesses! Site plan, ALTA, Phase I/II, earthwork, and more available upon request. Disclaimer: This listing is subject to the successful closing of the current buyer's contract.

Location

State IL

County Peoria

Area Paar Area

Zoning C-2

Direction SE corner of War (Rte 150) and University

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Other Connected, Phone Connected, Sewer Connected, Water Connected

View true

Garage 1

Building

Lot Description Access, Level, Sloped

Faces SE corner of War (Rte 150) and University

Sewer Public Sewer

Water Municipal/City

Others

Tax ID 14-29-401-034

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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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3624 N UNIVERSITY ST #Lot 2-East

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