Ford, US
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.
Courtesy Of: eXp Realty-Mahomet
Feature Highlights
- Additional Parcels
- Built Before 1978
General Features
- List Date:
- 12/15/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 50x160
Financial
- Days On Market:
- 7
- Tax Annual Amount:
- $4,253.00
- Tax Year:
- 2024
Directions
From Route 45 in Paxton, turn onto Market Street and head south. Continue a short distance and 125 South Market Street will be on your left.
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Data last updated: 2026-01-15.
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