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740 Ash StSpringfield, IL 62703

For Lease
$10/SF/YR

Class A office, 36,631 sq ft, ample parking.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A office building, located at 740 E Ash St, Springfield, IL 62703, offers 36,631 square feet of space, currently vacant and available for sale or lease. Built in 1965 and extensively renovated in 2008 (including a major addition), this single-story building features high-end finishes throughout. The property sits on a 2.39-acre lot and includes 135 parking spaces. Conveniently located near S. 6th St (12,400 AADT), Interstate 55 & 72, and close to the Springfield Clinic Main Campus, the Governor's Mansion, and Lincoln Home National Historic Site, this property boasts excellent visibility and accessibility. Building amenities include a fully operational wet sprinkler system, a robust 450 AMP 3-Phase electric supply, and a 7' x 7' roll-up door. The property is zoned S-2, Community Shopping & Office District (APN: 22-03.0-303-004) and is situated in an Enterprise Zone, potentially offering tax exemptions on building materials for future improvements and abatement on city property taxes. This property is ideal for a large-scale end-user or institutional entity seeking a prestigious and functional address in a serene park-like setting. The property taxes are $0.85 per square foot. There are no elevators.

Highlights

  • 36,631 SF Class A office building available for sale or lease at 740 E Ash St, Springfield, IL.
  • Single-story building on a 2.39-acre lot with 135 parking spaces. Built in 1965, extensively renovated in 2008.
  • High-end finishes throughout.
  • Excellent location near major roadways, Springfield Clinic, and historic sites.
  • Situated in an Enterprise Zone, offering potential tax benefits.

Property Details for 740 Ash St

Property type
Other office properties, Medical offices
RSF (Rentable sq. ft)
36,631 SF
Class
A
Year Built/Renovated
1965/2008
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
36,631 SF
Rate per SF
$10

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.779221992279
Longitude
-89.646562569837
740 Ash St, Springfield, Illinois

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Contacts

Blake Pryor
Blake Pryor
Visit Broker Website

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740 Ash St, Springfield, Illinois, 62703

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

740 Ash St
  • Blake Pryor
    Blake Pryor
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