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400 NE Perry Ave - The Scottish Rite Theatre 31,662 SF Sports & Entertainment Building Offered at $5,800,000 in Peoria, IL 61603



INVESTMENT HIGHLIGHTS
- State Of The Art Grand Theatre with total capacity for 905 people.
- Four Levels of Lounges, Meeting Rooms, Offices and Reception Areas with built-in bars and beautiful stained glass
- Banquet Hall with commercial kitchen and hand-crafted bar with capacity for 400 people.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $5,800,000 | Lot Size | 1.34 AC |
| Price Per SF | $183.18 | Building Size | 31,662 SF |
| Sale Type | Owner User | No. Stories | 4 |
| Property Type | Sports & Entertainment | Year Built/Renovated | 1924/2021 |
| Property Subtype | Theater/Concert Hall | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | R-8 - Residential | ||
| Price | $5,800,000 |
| Price Per SF | $183.18 |
| Sale Type | Owner User |
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | B |
| Lot Size | 1.34 AC |
| Building Size | 31,662 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1924/2021 |
| Opportunity Zone |
Yes |
| Zoning | R-8 - Residential |
AMENITIES
- Wheelchair Accessible
- Lounge
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 18-04-476-013 | Improvements Assessment | $809,150 (2024) |
| Land Assessment | $127,840 (2024) | Total Assessment | $936,990 (2024) |
PROPERTY TAXES
Parcel Number
18-04-476-013
Land Assessment
$127,840 (2024)
Improvements Assessment
$809,150 (2024)
Total Assessment
$936,990 (2024)
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400 NE Perry Ave - The Scottish Rite Theatre
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