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    Mixed-use properties

    200 Ace Rd, Princeton, IL 61356

    1,672 SF Built 2005
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2005
    Total area 1,672 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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