Home Details for 245 Farmdale Road

Located in the heart of East Peoria's dynamic commercial corridor, averaging about 13,000 vehicles a day, this exceptional property at 245 Farmdale Road offers a blend of location, potential, and powerful economic incentives that savvy investors and business owners dream about. Set on a generous 1.06-acre lot with excellent visibility and easy access, this former QSR commercial site is perfectly positioned for restaurant, retail, service-oriented, or drive-thru success in the thriving Peoria metro area. Located in East Peoria's Enterprise Zone, they have designed their program to unlocks a few extraordinary benefits designed to maximize your return on investment from day one: - Property Tax Abatement on Improvements for a full 5 years upon project completion - dramatically reducing your holding costs while your new build or renovations shine. - Sales Tax Abatement on Building Materials purchased throughout the State of Illinois - putting significant dollars back into your pocket during construction or upgrades. - Half-Price Building Permits - slashing upfront development expenses and helping you break ground faster. Whether you're reimagining this former drive-thru restaurant into a bustling new eatery, retail showroom, service center, or modern mixed-use hub, the Enterprise Zone incentives provide a powerful financial tailwind. Enjoy lower operational costs, enhanced cash flow, and the freedom to invest more in what truly matters - building an outstanding business that serves the community.

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