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    456 FULTON ST #298, Peoria, IL 61602
    456 FULTON ST #298, Peoria, IL 61602
    456 FULTON ST #298, Peoria, IL 61602
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    Brandi Griswold

    Brandi Griswold

    +1(217) 242-3641
    Listed by Raul Rodriguez • eXp Realty
    $300,000
    Est. payment /mo
    10,500 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 10,500 sqft

    Price per Sqft $28

    MLS Listing ID PA1266558

    Annual Tax Amount $8,258

    Tax Year 2025

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    10,500+ Sq Ft Downtown Peoria Office Space – Iconic Twin Towers Positive Net Annual Cashflow: $53,000 NOI!! Gross Annual Revenue: $112,500 Potential Gross Annual Revenue: $180,000+ Potential Net Operating Income: $121,051 HUGE UPSIDE POTENTIAL! 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! Several long-term leases in place: Property is currently generating a Gross Annual Revenue of $112,500. The property produces a positive net annual revenue of $53,000 annually. Selling at a 17.73% Cap Rate! Vacant space could be used for additional income- potential cap rate at full occupancy is over 60%!! HUGE UPSIDE OPPORTUNITY! 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 require accepted LOI for walkthrough. Seller is motivated - Submit your offer for review. Considering all offers!

    Location

    State IL

    County Peoria

    Area Paar Area

    Zoning B1

    Direction From Main St in downtown Peoria, head north on Fulton St toward SW Jefferson Ave. Continue about 2 blocks and arrive at 456 Fulton St, Suite 289, on the right side of the street.

    Interior

    Heating Natural Gas

    Cooling Central Air

    Flooring Carpet

    Fireplace N

    Exterior

    View true

    Roof Type Flat

    Garage 1

    Building

    Faces From Main St in downtown Peoria, head north on Fulton St toward SW Jefferson Ave. Continue about 2 blocks and arrive at 456 Fulton St, Suite 289, on the right side of the street.

    Sewer Public Sewer

    Structure Type Glass,Steel Frame

    Others

    Tax ID 18-09-211-022

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    Brandi Griswold

    Brandi Griswold

    +1(217) 242-3641

    Agent License ID: 475.123780

    Agent License ID: 475.123780

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