Full Block Redevelopment Site with Tons of Potential
The Details
- 2.26 acre redevelopment site
- Full block in downtown Crete
- Currently used as gas station, 2 commercial storefronts, residential properties plus parking lots
- Previous plan includes pedestrian friendly layout with 3 new mixed-use buildings totaling 19,600 SF
- West side of Main has strong occupancy with well-known brands
- 3 storefronts excluded from site
- Close to proposed Metra station
- Zoning: B-1 & R-2
- Part of TIF District 2 and Heritage Preservation District
A full city block at the southeast corner of Main St and Exchange St. in downtown Crete is available for sale as a redevelopment site. Three storefronts at the corner of Main and Cass are excluded from the site. Currently, the site is improved with seven different buildings including a Marathon gas station, two retail storefronts, a mixed-use building, two residential properties and several parking lots.
Previously, the city approved a plan to redevelop the site as a pedestrian-friendly block with low rise buildings. The plan included the development of three new buildings totaling 19,600 square feet. The west side of Main St. has strong occupancy with a variety of well-known businesses including BMO Harris and Aurelio’s Pizza. The block is close to a proposed Metra station and TIF funds may be available.
This site has great potential, bring all of your ideas!
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