Industrial/retail building in close proximity to the CBD
Building was previously used as a furniture retail store
Enjoy the convenience of being within close proximity to the Peoria Riverfront, a hub for dining, shopping, and entertainment. Embrace the rich cultural scene with nearby attractions like the Peoria Civic Center and the Caterpillar Visitors Center. The area's dynamic business community, complemented by a range of dining options and green spaces, creates a lively and well-connected environment for professionals. With easy access to major transportation routes, the location offers a desirable blend of work and leisure, making it an ideal choice for tenants seeking a thriving and convenient setting.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.