2713 Stevenson DrSpringfield, IL 62703

For Sale
$599,000

High-visibility warehouse; strong income stream.

Overview

Added:
Dec 11, 2024
Days on market:
93
This Springfield, IL commercial property at 2713 Stevenson Drive offers a unique investment opportunity. The 62703 zip code location boasts very high visibility and ample parking. The building, categorized as commercial and warehouse space, has recently undergone significant improvements. A new roof and HVAC system were installed in 2020, enhancing energy efficiency and reducing maintenance costs. The exterior has been refreshed, and the parking lot has been resealed and restriped, improving curb appeal and functionality. The interior features a wide-open layout, ideal for various commercial uses, and includes existing restrooms. Currently, the northern half of the building is leased, generating a consistent income stream. The property is priced below its appraised value, presenting a compelling investment opportunity. The vacant portion of the building offers additional leasing potential, with a rate of $7 per square foot for a minimum three-year lease. This property is a blend of immediate income and future growth potential, making it an attractive option for savvy investors. The property is classified as Land, Office, Retail, and Industrial, offering flexibility for various business types.

Highlights

  • $599,000 asking price.
  • Springfield, IL warehouse/commercial property at 2713 Stevenson Drive, 62703.
  • High visibility, ample parking.
  • 2020 roof and HVAC replacement.
  • Recently refreshed exterior and resealed/striped parking lot.
  • Existing restrooms; north half leased, generating income.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7586548
Longitude
-89.6147322
2713 Stevenson Dr, Springfield, Illinois

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2713 Stevenson Dr
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