Historic 1890 Manor – 17 Rooms, Elevator, and Endless Potential

Located in the charming town of Princeton, this extraordinary property at 308 S Broadway St—once known as “The Pearl”—offers a truly rare opportunity to own a late-1800s manor filled with scale, character, and unmatched versatility.

Priced at just $89,000, this 4,254-square-foot estate features 9+ bedrooms, 9+ bathrooms, and 17 total rooms, all set on a 0.93-acre lot. With its rich history and unique layout, this property is ideal for buyers seeking a large-scale restoration project or multi-use investment.

Historic Significance Meets Grand Scale

Originally built in the 1890s as a stately residence, this home was later expanded and adapted for use as a retirement facility, giving it a layout unlike any traditional home.

The result is a property that offers:

• 17 spacious rooms across multiple levels
• Numerous bathrooms and shower facilities
• A structure designed for flexibility and high occupancy

This is not just a home—it’s a multi-functional property with extraordinary potential.

Interior Features Designed for Versatility

Inside, the home provides a wide range of spaces that can be adapted to suit many different uses.

Key Interior Highlights:

• 🛏 9+ Bedrooms
• 🛁 9+ Bathrooms
• 🍽 Multiple large kitchen areas
• 🏡 Expansive living and dining spaces
• 💼 Offices and additional multi-purpose rooms

The layout is ideal for:

• Assisted living or group housing concepts
• Bed & breakfast or boutique lodging
• Multi-family conversion
• Large private residence or retreat

Modern Upgrades Already in Place

Despite its age, the property includes several important modern systems, significantly enhancing its value:

• 🚿 Full fire sprinkler system
• 🛗 Elevator servicing basement, main level, and second floor
• 🔧 Infrastructure suited for commercial or high-capacity use

These upgrades provide a strong foundation for redevelopment or continued multi-use functionality.

Exterior Features – Space, Access, and Convenience

The property sits on 0.93 acres, offering both space and practicality.

Outdoor Highlights:

• 🌳 Mature trees providing shade and privacy
• 🚗 Large on-site parking lot
• 🚪 Multiple entrances for flexible access
• 🏚 Detached garage for storage or workshop use

This setup is especially valuable for business, rental, or multi-occupant use.

A True Fixer-Upper with Massive Upside

The home requires extensive TLC, but the opportunity is undeniable. With many improvements already completed, the next owner can focus on:

• Cosmetic updates and finishing work
• Customizing layouts for specific use
• Increasing property value significantly

At this price point, the cost per square foot is exceptionally low—making it a high-potential investment for experienced buyers.

Endless Possibilities for Use

Few properties offer this level of flexibility. Potential uses include:

• 🏨 Boutique hotel or bed & breakfast
• 🏥 Assisted living or group home facility
• 🏡 Large multi-family residence
• 🎨 Creative retreat, event space, or community center

This is a property where vision and creativity can truly unlock value.

Why This Property Stands Out

This Princeton manor offers a rare combination of:

• Historic 1890 architecture with expansion history
• 17 rooms and over 4,200 sqft of space
• Elevator and fire sprinkler system already installed
• Large lot with parking and multiple access points
• Extremely low price of $89,000
• Unlimited potential for residential or commercial use

Opportunities like this—where scale, price, and potential align—are incredibly rare.

Property Details

• 💲 Price: $89,000
• 📍 Address: 308 S Broadway St, Princeton, MO 64673
• 🛏 Bedrooms: 9+
• 🛁 Bathrooms: 9+
• 📐 Living Space: 4,254 sqft
• 🏗 Year Built: 1890
• 🌳 Lot Size: 0.93 Acres
• 🏡 Style: Historic Manor
• 🛗 Features: Elevator, sprinkler system
• 🚗 Parking: Large lot + garage
• ⚠ Condition: Sold As-Is, requires renovation

From Zillow