For Sale

Adaptive Reuse or Redevelopment

2300 S. Oregon Street,
Peoria, IL 61605
Represented by
Maloof Commercial Real Estate

Asset Snapshot

1
Building Count
0.33 Acres
Land Area

Offering Summary

Investment Overview

Introducing an exceptional opportunity for the savvy investor. This 13,000 SF building, situated on a prominent 0.33 acre corner lot, is zoned R8, allowing for versatile utilization. Currently under a variance for church use, the property offers the potential for a multitude of purposes. With on-street parking and an convenient location, this distressed building presents an excellent prospect for full renovation and transformation into a multifamily opportunity or neighborhood green space. An ideal canvas for a transformative investment endeavor.


Investment Highlights

  • 13,000 SF church building on 0.33 acre corner lot
  • Zoned R8 for a variety of uses
  • Currently under a variance for church use
  • On-street parking only as there is no parking lot
  • Building is distressed and in need of full renovation
  • Great potential for multifamily development or neighborhood green space

How it Works

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Listing Syndicated From

Buildout
For Sale
$89,000
Asking Price

Investment Sales Broker

Jason Miller
Maloof Commercial Real Estate