222 W Exchange Street
Downtown Freeport Mixed-Use Investment | Multiple Income Streams Strategically located in the heart of downtown Freeport, this multi-level mixed-use building presents an exceptional opportunity for investors seeking diversified and scalable income. The property features multiple finished levels anchored by a second-level residential loft apartment with five bedrooms, ideal for executive housing, short- or long-term rental, or owner occupancy. The commercial component consists of 21 individual rentable spaces, well-suited for salon suites, professional offices, and service-oriented businesses, allowing for tenant diversification and strong demand across multiple business sectors. The building is equipped with a functional elevator, enhancing accessibility and broadening tenant appeal. Additional highlights include ample on-site parking, a high-visibility downtown location, and close proximity to dining, retail, and civic amenities-driving consistent foot traffic and long-term tenancy. This asset offers multiple revenue streams, flexible leasing configurations, and value-add potential through lease optimization or repositioning. Ideal for investors, owner-operators, or portfolio expansion, this downtown Freeport property combines residential income, commercial stability, and strong location fundamentals in one compelling offering.
- 312 Beef and Sausage 400 ft
- Hilldale Deli 400 ft
- Joe's Pizza 550 ft
- Bourbons on Main 600 ft
- This Is It Eatery 650 ft
- Essie Mae's BBQ 650 ft
- 1st Stop 0.2 mi
- A&K Convenience & Tobacco 0.4 mi
- BP Shop 0.6 mi
- Circle K 0.6 mi
- Fas Mart 0.6 mi
- Mobil Mart 0.7 mi
- Lincoln-Douglas Debate Square 0.2 mi
- Third Ward Park 0.5 mi
- Bidwell Park 0.9 mi
- Read Park 1.0 mi
- Taylor Park 1.0 mi
- 9 East Coffee 850 ft
- Starbucks 1.3 mi
- Higher Grounds 1.4 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12522183