700 E North Grand Ave | Springfield, IL 62702
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
700 E North Grand Ave
Springfield, IL 62702
Retail Property For Sale
Executive Summary
Presenting an outstanding commercial property opportunity! Nestled on a prime +/- 0.3 acre corner lot at the intersection of North Grand Ave and 7th St in Springfield, IL, this property features a +/-3,050 sq ft building, previously a quick lube facility. The site, zoned I-1 by the City of Springfield, enjoys high visibility on the minor arterial thoroughfare of North Grand Avenue, with exposure to an average of 11,400 cars daily. The property offers a pole sign, overhead doors, and access from streets and an adjacent alley, and is complemented by a concrete and asphalt-paved lot. Explore the possibilities in a location within a TIF District, Enterprise Zone, Opportunity Zone, and the Mid-Illinois Medical District. Don't miss this strategic business opportunity!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,946 SF
Building Class
C
Year Built
1990
Price
$265,000
Price Per SF
$90
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.23
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
I-1 - Springfield
Parking
6 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
169 FT on North Grand Avenue East
PROPERTY TAXES
| Parcel Number | 14-27.0-129-039 | Improvements Assessment | $32,494 |
| Land Assessment | $35,411 | Total Assessment | $67,905 |
PROPERTY TAXES
Parcel Number
14-27.0-129-039
Land Assessment
$35,411
Improvements Assessment
$32,494
Total Assessment
$67,905
Learn More About Investing in Retail Properties
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
