Adam Edstrom
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
This sturdy brick building offers an incredible opportunity for investors, business owners, or anyone seeking a flexible mixed-use property in a highly visible location on the courthouse circle. With 3,066 square feet on each level, the layout provides exceptional versatility for a wide variety of commercial or residential uses. The main floor is currently configured as a doctor's office, featuring multiple exam rooms, a lab, offices, and additional workspace. It would also make a fabulous attorney's office, accounting firm, counseling center, or many other uses. The entire space was completely remodeled in 2002 by Key Builders, creating a professional and efficient layout. The floor plan could also be easily divided into two separate units, each with its own entrance, making it ideal for multiple tenants or businesses. Two handicap-accessible bathrooms add convenience and accessibility. Upstairs, you'll find a large open space previously used by a fraternal organization, offering a blank slate for a variety of possibilities. With the property's current flexible zoning, both levels may be used for commercial or residential purposes. The generous square footage could allow for a renovation into several well-sized apartments, a mix of residential and office space, or continued use as a commercial property with minimal changes. While plumbing on the second floor was shut off years ago, it could be restored if future plans call for residential units or additional facilities. Additional highlights include: * Multiple entrances on both levels * Highly desirable courthouse circle location * New membrane and shingled roofs installed in 2023 * Excellent visibility and accessibility for businesses. Whether you're looking to launch or expand your business, invest in rental income, or develop a mixed-use property, this versatile building offers endless potential in a prime location. Bring your vision and make this standout property your next opportunity-schedule a showing with your agent today!
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1886
General Information
County: Bureau
Listed By:
Landmark Realty of Illinois LLC
815-875-1221
MRED MLS
MLS ID: 12589720
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2 Park Avenue W, Princeton, IL 61356.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $259,000 | $259,000 | $259,000 |
| Down Payment | $51,800 | $9,065 | $64,750 |
| Monthly Mortgage Amount | $1,209 | $1,484 | $1,574 |
| Taxes | $360 | $360 | $360 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $114 | $0 |
| Monthly Estimated Total | $1,669 | $2,058 | $2,034 |
About this area
Find houses for sale in Princeton, Iowa and learn about the local community and real estate market.
A delightful small town settled on the banks of the Mississippi River, Princeton feels worlds away from the busy urban center of Davenport. Yet for those who commute, it’s a 30-minute straight shot on State Street to get there, making this a convenient place to live. Life here is all about taking it easy and enjoying the beautiful surroundings. Along the riverfront, you’ll find a marina with an adjacent bar and grill complete with thatched roof umbrellas. The is a top place in town to gather with neighbors and enjoy some leisure time. A second marina is located to the north, giving residents more options for their boat trips on the river.
Princeton is home to a few scenic parks where residents can stretch their legs and get some fresh air. Water Tower Park is a popular place to hang out amid greenery and maybe even catch a baseball game. And the sprawling refuge of Princeton Wildlife Management Area lies directly north. Here, residents enjoy hiking, fishing, and kayaking in the marshy areas along the river.
Luckily for home buyers, there’s a variety of homes for sale in Princeton, from older fixer-uppers to newer homes built for modern convenience. For those who want to be close to the river, there are attractive options just a stone’s throw from State Street, the de facto center of town.
Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.
No matter the reason for moving, Ruhl&Ruhl Realtors has plenty of real estate options and homes for sale in Princeton, IA for you to choose from. Continue browsing this page to see all houses for sale in Princeton, Iowa and if you need to do a little more research before buying, check out the pages below.
Nearest Ruhl&Ruhl Office
1228 Middle Road
Bettendorf, IA 52722
Phone Number: (563) 441-1776
Adam Edstrom
REALTOR®
Cell: (563) 210-6814
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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