3310 N Prospect Rd, Peoria, IL, 61603

3310 N Prospect Rd Peoria, IL 61603

3310 N Prospect Rd, Peoria, IL, 61603
3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603 3310 N Prospect Rd, Peoria, IL, 61603
FOR SALE FOR LEASE
Property Type:
Single Tenant Office
Amount:
$390,000
Last Verified:
Apr 04, 2025

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Highlights


Description

This prime office building, spanning 6,504 square feet, is ideally located within the sought-after Prospect Road Form District. With a strategic focus on maximizing potential, the building's zoning offers flexibility for a range of office uses, presenting an attractive prospect for a variety of businesses. Sparking the interest of astute investors, this well-positioned property affirms its potential for long-term success and substantial returns. Take advantage of this offering to secure a solid foothold in the lucrative Peoria market and elevate your investment portfolio with this high-potential asset.

This 6,504 SF office building offers an open floor plan on the main level, ideal for a range of uses. The upper level features 720 SF with a reception area, storage, and a small restroom. Additionally, a full unfinished basement provides ample storage space. With generous on-site parking this property offers a compelling opportunity for businesses seeking a prime location in the Prospect Road Form District. Explore the potential of this well-equipped space for lease.

Experience the vibrant community surrounding this prime location in Peoria, IL. Within a short distance, the lively North Prospect Road corridor offers an array of dining, retail, and entertainment options, providing convenience for employees and clients alike. The nearby Glen Oak Park offers opportunities for outdoor recreation and relaxation, while the Peoria Riverfront is just a short drive away, providing access to cultural attractions and scenic views. With a strategic location close to major highways, the area provides seamless accessibility for commuters and visitors. Positioned in the heart of this dynamic city, the property presents an exciting opportunity for investors and tenants seeking a prime commercial space in a thriving community.

Building Size: 6504sq ft
Building Class: B
Lot Size: 0.26 acres


Documents

3310 Prospect

Units for Lease

Unit
Space Available: 6504 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $13.00

Map of 3310 N Prospect Rd, Peoria, IL, 61603

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What are Real Estate Incentives?

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.
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