Presenting a prime investment opportunity for retail/restaurant entrepreneurs, this 2,387 sq. ft. building sits on a convenient 0.47-acre lot in the bustling Peoria area. Built in 1995, the property offers modern infrastructure and amenities, catering to the diverse needs of commercial ventures. Boasting high visibility and heavy traffic flow, this location provides an ideal setting for retail or restaurant use, with ample parking space for customers and staff. Additionally, the property benefits from strong community and neighborhood support, making it a strategic choice for those seeking a thriving business environment.
Located at the corner of Western and Barker Ave. in West Peoria. Only minutes to downtown Peoria, Bradley University, and interstate access.
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.
