523 NE Adams St - Sports and Entertainment FOR SALE


Peoria, IL 61603
$250,000 USD
309-360-6686
523 NE Adams St, Peoria, IL for Sale
$250,000 USD
Sports and Entertainment - FOR SALE
1/8
null | Request Cap Rate

523 NE Adams St
Peoria, IL 61603


OVERVIEW

Steeped in Peoria history, The Armory commands a powerful presence with its brick and limestone design. Constructed in 1924 by the Military and Naval Department of Illinois. Over the years it flourished as the civic center of events ranging from conventions, political rallies, circuses, boxing matches (Golden Gloves) and, of course, Bradley Basketball! The years have taken its toll but the possibilities are endless to bring "the old girl" back to life. The FRONT PORTION is 3-storied and roofed with impressive entrances, flanking double staircases, offices, etc.. 7,100 square feet on each floor. The BACK SECTION is the almost 30,000 square feet “auditorium” with steel framing, brick walls and open roof. Sold AS-IS. No utilities on.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$6 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Armory

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

-

APN/PARCEL ID

18-03-355-001

ASK ABOUT THIS PROPERTY

Julie BielfeldtKeller Williams Premier Realty - Kepple GroupMore Info
309-360-6686

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Julie BielfeldtKeller Williams Premier Realty - Kepple GroupMore Info
309-360-6686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.