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456 Fulton Street Peoria, IL 61602 Commercial - Office Active

  • 456 Fulton Street, Unit 298, Peoria, IL 61602 Main Photo

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Description

10,500+ Sq Ft Downtown Peoria Office Space ? Iconic Twin Towers Rare opportunity to own a large office presence in downtown Peoria. Located in the Twin Towers, this offering includes four parcel IDs: 18-09-211-022, 18-09-211-009, 18-09-211-035, 18-09-211-023. Closest Google Pin to Peoria, IL! Establish your business in the heart of Downtown Peoria! Excellent location! Across from City Hall and minutes from the courthouse, riverfront, restaurants, and cafes, this property offers strong visibility for professional users, law firms, executive offices, or owner-occupants. Approx. $2.5M in potential city-backed improvements planned for the building. ~10,500 SF (per seller) with two primary tenants plus cloud tenants generating additional income via business address agreements. Income: ? Tenant 1: $900/mo + utilities | ~1,000 SF | 3.5 years left ? Tenant 2: $2,000/mo + utilities | ~2,500 SF | 4 years left ? Automatic rent increases in place ? Cloud tenants: $100?$200/mo each Owner occupies part of the space and may lease back ~6,500 SF or less. Layout includes: ? Executive Meeting Room ? Junior Executive Meeting Room ? 16?18 cubicles ? 6-8 Private offices ? Co-working, reception, break room, storage Office furniture and cubicles (~$60K value) included. Potential SBA 504 eligibility for owner-occupants using 51%+ of space. Access to tenant-occupied areas requires accepted LOI.

Property Highlights

Property Type: Commercial - Office
Available Sqft: 10500

General Information

County: Peoria
Listed By:
eXp Realty Mobile: 786-383-9136
RMLSA
$332,500
Est. $2,244/mo
Active
SQUARE FEET10,500 MLS#PA1266558
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors
563.441.1776

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456 Fulton Street, Unit 298, Peoria, IL 61602.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $332,500$332,500$332,500
Down Payment $66,500$11,638$83,125
Monthly Mortgage Amount $1,681$2,064$2,088
Taxes $463$463$463
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$146$0
Monthly Estimated Total $2,244$2,773$2,651

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