740 Ash StSpringfield, IL 62703

For Lease
$10/SF/YR

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

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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740 Ash St
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