200 Ace Rd, Princeton, IL 61356
This exceptional 1,672 square foot mixed-use property, located at 200 Ace Road Unit 3 in Princeton, Illinois, presents a compelling opportunity for both business owners and investors. Situated as the anchor unit in a well-maintained, newer five-unit professional building, this single-story suite boasts a highly desirable and convenient floor plan. A significant advantage is the rear drive-through access, expanding the potential uses for this versatile space. The property's location is unparalleled, offering exceptional visibility and proximity to major shopping areas, ensuring high foot traffic and convenient access for customers. This prime location also benefits from some of the highest traffic counts in Princeton. The low monthly association dues of $125 encompass all exterior maintenance, including lawn care and snow removal, minimizing ongoing expenses for the owner. This turnkey property is ready for immediate occupancy and offers an exceptional return on investment. Whether you envision establishing your own business or seeking a strong addition to your investment portfolio, this property is an ideal choice. The combination of its prime location, versatile layout, and low maintenance costs makes this a truly unique opportunity in the thriving Princeton market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.