PRINCETON — The city of Princeton has decided to explore options for its property located at 16 E. Railroad Avenue.
The lot was the site of the city’s first recycling center and also had been a storage building for grain under a previous private owner. Recent changes in city operations have brought the property under review. Over the past couple of years, the city has received several inquiries about selling the 14,000-square-foot building.
Currently, the building contains storage of city vehicles and materials for the electric department. The City Council has examined the prospect of making the property available for commercial investment and job creation.
The city is currently accepting sealed proposals from any interested party. Proposals will be accepted until 4 p.m. Tuesday, May 22.
The Request for Proposal can be found on the city’s website. A decision by the City Council to sell the property will be determined shortly thereafter.