2056 Macarthur BlvdSpringfield, IL 62704

This exceptional retail development opportunity encompasses three lots totaling 0.42 acres in Springfield, Illinois, situated at 2056 S MacArthur Blvd, zip code 62704. The property boasts 120 feet of frontage and a depth of 154 feet, offering significant potential for various retail ventures. Currently, a house sits on one of the lots, providing a potential short-term income stream. The remaining two lots are vacant and ready for development. All utilities are conveniently in place. This prime location enjoys exceptional visibility and high traffic counts, averaging 17,400 vehicles daily. The property's strategic placement is directly across from a newly constructed Hy-Vee grocery store, and is surrounded by a thriving corridor of service-oriented retail businesses, ensuring a strong customer base. The total square footage across all three lots is 290,000 square feet. This presents a rare chance to acquire a substantial retail property in a high-demand area, offering both immediate income potential and significant long-term development prospects. The asking price for this remarkable opportunity is $275,000.