740 Ash StSpringfield, IL 62703

For Sale
$3,900,000

36,631 SF Office, Vacant, $3.9M

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A, 36,631 square foot office building in Springfield, Illinois, is available for sale at $3,900,000. Built in 1965 with major renovations and additions in 2008, the property boasts high-end finishes throughout. The single-story building sits on a 2.39-acre lot and offers 135 parking spaces. Its features include a fully operational wet sprinkler system, a robust 450 AMP 3-phase electric supply, and a 7' x 7' roll-up door. Located in the S-2 Community Shopping & Office District, this property enjoys excellent visibility and accessibility, with proximity to Interstate 55 & 72, the Springfield Clinic Main Campus, and historic landmarks. Previously housing state government offices for three decades, this location is ideal for institutional entities or large-scale end-users. The property is situated in an Enterprise Zone, offering potential tax benefits. The Net Lease (NNN) property is currently vacant and presents a unique opportunity for a buyer to customize the space to their specific needs. The asking price per square foot is $106.47. The address is 740 E Ash St, Springfield, IL 62703.

Highlights

  • Exceptional freestanding building.
  • Major addition and renovation completed in 2008.
  • High-end interior finishes throughout.
  • Abundant parking with significant space and expansion potential.
  • Convenient location near downtown, medical facilities, and historic sites.
  • Located in an Enterprise Zone.

Property Details for 740 Ash St

Property type
Other office properties, Medical offices
Square Feet
36,631 SF
Class
A
Year Built/Renovated
1965/2008
Buildings
1
Stories
1
Lot Size (sq. ft)
104,108 SF

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.779220613298
Longitude
-89.646677952895
740 Ash St, Springfield, Illinois

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740 Ash St
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