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$ 600,000
Est. payment | /mo
$ 600,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12532911
Year Built 1950
Annual Tax Amount $4,253
Tax Year 2024
Lot Dimensions 50x160
Property Sub-Type Mixed Use
Property Description
A rare opportunity to own a versatile commercial property in the heart of downtown Paxton - complete with two apartments upstairs. This property offers endless possibilities for an entrepreneur, investor, or business owner ready to make their mark. One half of the building is filled with exposed brick walls and a warm, inviting atmosphere - ideal for an event venue, overflow dining, retail shop, or creative commercial space. The main commercial area includes a kitchen setup and ample seating space, providing a strong foundation for a variety of business concepts without starting from scratch. Outside, you'll find a recently added patio and bar area that seats approximately 50, creating the perfect setting for summer nights, live music, private events, and outdoor gatherings. This space alone opens the door to additional revenue opportunities and community-focused experiences. Upstairs are two apartments, offering a built-in secondary income stream - perfect for long-term rentals, short-term stays, or on-site living. Located on Paxton's bustling Main Street, this property benefits from excellent visibility, steady foot traffic, and undeniable small-town charm. From the flexible commercial spaces to the income-producing apartments above, this building blends character, functionality, and opportunity. If you've been waiting for the right downtown investment, this is your chance to create the next successful business in Paxton.
Location
State IL
County Ford
Area Paxton
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nate Evans of eXp Realty-Mahomet
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