

Mixed Use Commercial Building For Sale
Mixed Use Commercial Building For Sale
Marketing description
Unique mixed-use investment opportunity in the heart of Lincoln, Illinois. This attractive all-brick building, dating back to the early 1900s, offers the historic character and charm that make downtown properties highly desirable.The property features two retail storefronts on the main level, including one occupied by The Copper Penny and one vacant space available for an owner-user or new tenant. The second floor consists of three fully leased residential apartments, with the potential to add a fourth unit. An additional storage space at the rear of the property provides further income potential.Located along historic Route 66, the property benefits from both local and visitor traffic. Zoned C-1, it supports a variety of uses, including retail, restaurant, office, salon, and residential. With a mix of existing income, value-add potential, and a prime downtown location, this property presents an excellent opportunity for investors and owner-occupants alike.
Investment highlights
-Rental Income from apartments and other commercial tenant
-Property is located in a busy downtown corridor with local coffee shops, restaurants, retailers, and salons
-Historic building with appealing charm and character
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