River Rd, East Peoria, IL for sale

Investment Overview

This prime 1.3-acre retail development lot boasts an unmatched, high-visibility location directly adjacent to the high-traffic Walmart Supercenter on River Road in East Peoria. Situated right in the heart of a bustling waterfront commercial corridor, the property enjoys exceptional synergy with immediate national neighbors like Arby’s, Sherwin-Williams, T-Mobile, and the vibrant Levee District just blocks away. With direct proximity to Interstate 74, major intersections, and the scenic RiverFront Park, this site offers incredible daily traffic counts, easy regional access, and a built-in customer base perfect for premier retail, dining, or commercial development.

Investment Highlights

• 1.3 Acres on the desirable East Peoria waterfront that backs up to RiverFront Park
• Shovel-ready with full municipal infrastructure available at property line
• Zoned B-3 allowing for retail, service businesses, office, and recreational uses
• An ideal footprint for QSR or concepts requiring a drive-thru or outdoor setup
• Daily consistent consumer traffic from a regional draw from Bass Pro Shops, Walmart Supercenter, and Lowe's
• Less than half mile from The Levee District, surrounded by national tenants, hotels, and dining options
• Benefits from Riverfront TIF District and Enterprise Zone incentives