This well cared for, brick, single story investment property provides great opportunities for a business owner or investor in Princeville, IL. The building is currently divided into three units - an office suite on the east end of the building (1,100 SF), a retail suite on the west end of the building (835 SF), and a lased salon unit in the middle suite (1,300 SF). There is a shared foyer for the middle and east units of approximately 120 SF. The middle unit is currently leased below market rate but the tenant does pay their metered utilities and the public works services - water, sewer and garbage. There are three furnaces and air conditioners, 2 Ameren electric meters (office, salon/retail together), 3 Ameren gas meters, and one water meter/one sewer meter. Property is located in the Princeville TIF I (see https://princeville.org/tax-increment-financing/ for more information).
Position your business for success with this exceptional opportunity to own a high cash-flowing mechanical shop in the heart of Princeville. Located on Main Street, this commercial property offers excellent visibility and functionality for an owner-operator or investor alike. The property features over 8,000 sq ft, large overhead doors, heating that runs off of used motor oil, a fully equipped paint shop, spacious work areas, and much more. Whether you’re expanding your current operation or stepping into ownership for the first time, this turnkey setup provides the space and infrastructure to hit the ground running. Endless potential for automotive, mechanical, fabrication, or service-based businesses. Amazing Value with this Property
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Princeville is located in Illinois. Princeville, Illinois has a population of 1,864. Princeville is less family-centric than the surrounding county with 26.68% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Princeville, Illinois is $64,219. The median household income for the surrounding county is $58,426 compared to the national median of $69,021. The median age of people living in Princeville is 36.8 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 37.7 inches per year, with 22 inches of snow per year.
