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1916 N Main St

26,316 SF 100% Leased Retail Building Princeton, IL 61356 For Sale

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Investment Highlights

Opportunity to purchase a well located commercial building well below replacement cost
Conveniently located just a few blocks south of I-80

Renovated and converted to medical in 2016
Well located in the trade corridor nearby national retailers including Walmart, AutoZone, Dollar Tree, Dollar General, O’Reilly Auto Parts, & Culvers

Executive Summary

Freestanding medical office building located at the northwest corner of the Main Street & County Rd 1700 N intersection in Princeton, Illinois. The building, previously a grocer, was constructed in 1985 and converted to medical in 2016. The property is zoned B-2: Commercial, and the building features exam rooms, an exercise room, living room, community room, play room, and a large on-site parking lot totaling over 80-spaces (2.95/1,000 SF). The building will be delivered vacant, making it an excellent opportunity for any owner/user. The Property is conveniently located just a few blocks south of Interstate-80 (I-80) and less than one (1) mile from the Amtrak Station. Neighboring retailers include Walmart, Sullivan’s Foods, Dollar Tree, Dollar General, AutoZone, Culvers, McDonald’s, Wendy’s, and Subway among others.

1916 N. Main Street, Princeton, IL - Bankruptcy Sale