1700 State StSpringfield, IL 62704

For Sale
$250,000

8,008 SF Multi-Tenant Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8,008 square foot multi-tenant retail storefront, located at 1700 S State Street in Springfield, Illinois, presents a compelling investment opportunity. Situated just off MacArthur Boulevard on the corner of Laurel Street, this high-visibility property boasts a newly installed roof and excellent mechanical systems. The building currently features a mix of tenancies, with the upper floor fully leased. A significant portion of the ground floor is available, providing an ideal space for owner-occupancy or leasing to a new tenant. The versatile layout is suitable for a wide range of uses, including medical offices, legal practices, insurance agencies, salons, real estate businesses, or non-profit organizations. With approximately 3500 square feet of space currently available, this property offers substantial potential for income generation and business growth. The asking price of $250,000 makes this an exceptional value in a prime Springfield location. Don't miss this chance to acquire a well-maintained, high-traffic commercial property with significant upside. The property is zoned for multiple uses and is ready for immediate occupancy. The 62704 zip code ensures easy access to major transportation routes and a thriving local market.

Highlights

  • High-visibility corner lot building at MacArthur & Laurel Streets.
  • 3,500 square foot building suitable for various uses including medical, legal, insurance, salon, real estate, or non-profit.
  • Recently replaced roof and excellent mechanical systems.
  • Upper level fully leased; vacant ground floor unit available for lease or owner-occupancy.
  • Priced for a quick sale.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7825008
Longitude
-89.6665242
1700 State St, Springfield, Illinois

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1700 State St
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