105 Ace Rd, Princeton, IL 61356-9294
This exceptional 3,500-square-foot retail or restaurant space is ideally situated at 105 Ace Rd, Princeton, IL 61356, in Bureau County. Built in 2000, this single-tenant building sits on a substantial 56,600-acre lot and boasts a convenient one-story layout. The property is zoned for commercial use and offers ample parking, making it highly accessible for customers. The interior features two restrooms and a large atrium area, providing versatile space for various business needs. Previously a fast-food restaurant, this location benefits from high visibility and traffic counts due to its proximity to major roadways, including I-80. Nearby establishments include Casey's General Store, Walmart, Culver's, and a large grocery store, ensuring a strong customer base. The lease rate is $15.00 per square foot, plus taxes, insurance, and maintenance. The entire 3,500 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for businesses seeking a prominent location with excellent visibility and convenient access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.