229 Grand AveSpringfield, IL 62702

For Sale
$275,000

8,000 SF Vacant Storefront - $275,000

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8,000-square-foot storefront property, located at 229 N Grand Ave W in Springfield, Illinois (zip code 62702), presents a compelling investment opportunity. Currently vacant, this retail space is zoned B-1 and offers significant potential for a variety of commercial uses. The building features a single 10-foot overhead door, ideal for loading and unloading, and benefits from a large, fenced-in lot providing ample space for parking or outdoor activities. The asking price is $275,000, translating to a price per square foot of $34.38. While the main building is ready for immediate occupancy, prospective buyers should note that the rear building requires roof repairs. This property's size, location in Springfield, Illinois, and B-1 zoning make it an attractive prospect for entrepreneurs and investors seeking a substantial retail presence in a thriving community. The property's address is easily accessible and visible from a major thoroughfare. This is a chance to acquire a significant retail space with considerable upside potential. Serious inquiries are encouraged to explore this opportunity further.

Highlights

  • $275,000 asking price for this Springfield, IL storefront.
  • 8,000 square foot vacant retail building.
  • Located at 229 N Grand Ave W, Springfield, IL 62702, zoned B-1.
  • Features one 10-foot overhead door and a large fenced lot.
  • Needs roof repair on the rear building.

Property Details for 229 Grand Ave

Property type
Other retail properties, Individual retail properties
Square Feet
8,000 SF
Buildings
1

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.816231210091
Longitude
-89.65721192206
229 Grand Ave, Springfield, Illinois

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229 Grand Ave
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