225 Adams St, Peoria, IL 61602

2 Hospitality Properties in Peoria, IL

Property Type: Hospitality

Listing Contacts

Property Info

Property Overview

CBRE is pleased to be the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the 111-room Mark Twain Hotel and the 10,000+ sq. ft. Packard Plaza in Peoria, Illinois. Priced significantly below reproduction cost.

Highlights

The 56,562 sf Mark Twain was constructed in 1967 and renovated in 1990. Guestrooms were refurbished in 2010/11 and the 7th floor rooms in 2014
The 9-story, 111-room boutique hotel with 336 sf of meeting space features an onsite restaurant (currently closed), fitness center, and library
2020/21 improvements include replacement of carpet in lobby and back of house, new flooring and tiles in restaurant and bar area, new locks
Basement drywall replaced and new floors redone in 2022 due to water damage
The 3-story Packard Plaza has 10,090 sf of meeting space and features gourmet foods, customized menus, and unique presentations
The 14,940 sf building, built in 1927 by architect Frederic Klein, became known as Packard Plaza when it previously housed a Packard auto dealership

Nearby Properties

The Mark Twain Hotel & Packard Plaza

2 Hospitality Properties in Peoria, IL

225 Adams St
Peoria, IL 61602

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Twin Towers Plaza

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The Armory

40,480 SF Sports & Entertainment Building Offered at $250,000 in Peoria, IL 61603

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5,700 SF | Industrial Building | Peoria, IL 61603 | $199,900 ($35/SF)

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836 SW Washington

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Peoria, IL 61602

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