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1409 SW Jefferson Ave

9,060 SF Retail Building Peoria, IL 61605 $210,000 ($23/SF)

Executive Summary

This all brick warehouse, Vachon Brake Service and Parts, is located downtown on the busy corner of SW Jefferson Ave and N McArthur Hwy. This 9,060 sq. ft. building has 7 garage doors, multiple restrooms, storage rooms and offices, 4 overhead heaters and 3 phase electric. 14+ ft high ceilings. Overhead door sizes are 12' x 11' and 12' x 13'. There is a revenue generating billboard on one of the vacant parcels with a contract coming up for renewal. Equipment also available with sale for brake service, lifts, wheel balance and alignment, drive shaft and engine balance. This parcel is currently zoned CN Neighborhood Commercial by the City of Peoria and its current use as an auto body shop is grandfathered in.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,060 SF
Building Class
C
Year Built
1980
Price
$210,000
Price Per SF
$23
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CN - Neighborhood Commercial
Parking
23 Spaces (2.54 Spaces per 1,000 SF Leased)
Frontage
186 FT on MacArthur Hwy

Amenities

  • Monument Signage

Nearby Major Retailers

Busey Bank
Logan's Roadhouse
CrossFit
Buffalo Wild Wings
Steak ‘n Shake
First Mid Bank
PNC Bank
Regions Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-08-480-004
Land Assessment
$12,630
Improvements Assessment
$31,060
Total Assessment
$43,690
  • Listing ID: 31723950

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 1409 SW Jefferson Ave, Peoria, IL 61605

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