250 Peru Street

Calling all investors, developers, and entrepreneurs! Unlock the potential of this unique mixed-use property offering multiple paths to increased cash flow and long-term appreciation. With much of the plumbing infrastructure already in place and an adaptable floor plan, this property presents an outstanding opportunity for a creative redesign. The existing layout lends itself to the possibility of creating up to three income-producing spaces, subject to buyer verification of zoning and municipal approvals. The current second-floor 2-bedroom apartment is ideal for immediate rental income, while the expansive main and lower levels offer the flexibility to remain one large commercial or residential space or be thoughtfully reconfigured into two separate units. Whether your vision includes expanding rental income, creating a live-work investment, establishing professional offices, or developing a flexible mixed-use property, the possibilities are impressive. Minor interior renovations can dramatically modernize the space while maximizing functionality and appeal. Situated on two village lots, the property also features a fenced outdoor area, blacktop parking/recreation space, an attached one-car garage, and an oversized barn with two-car capacity-perfect for additional storage, workshop space, contractor operations, or future expansion. Well maintained with ongoing improvements over the years, this property is positioned for its next chapter. Take advantage of available TIF incentives while exploring the many redevelopment opportunities this property offers. Mixed-use properties with existing residential income, adaptable commercial space, generous storage, and significant value-add potential are increasingly difficult to find. Bring your vision and transform this property into a high-performing investment. Several photos virtually staged for design ideas!