Freestanding w/Drive-Thru 1700 Wabash Ave 4,685 SF Retail Building Springfield, IL 62704 $1,300,000 ($277.48/SF)

INVESTMENT HIGHLIGHTS

  • Freestanding Drive-Thru Building
  • 4 Points of Ingress/Egress
  • High Traffic Counts - 25k VPD

EXECUTIVE SUMMARY

Brookline Real Estate, LLC. presents the opportunity to acquire a highly visible freestanding retail property with drive-thru positioned in a strong, transit-oriented location in Springfield, IL. A user with a need for brand exposure will benefit from the property's position directly on Wabash Avenue near the intersection at Veterans Parkway (Route 4). A developer or investor will benefit from attracting prime tenants given the many favored attributes of this property.
Immediately surrounded by Planet Fitness, Ace Hardware, Dollar General, Shell, Steak 'n Shake, Dairy Queen, and Wingstop. The site is well located along a heavy trade corridor. Directly at the SMTD Bus stop and blocks from Route 4, the former Hardee's property is in a strong transit location with heavy vehicle and foot traffic near White Oaks Mall. Other national retailers near this location include Chick-fil-A, Binny's, Chipotle, Raising Cane's, Orangetheory, CVS, Walmart, Lowe's, Portillo's, Starbucks, and Target.
The 4,685 square-foot building features four points of ingress/egress on two separate roads. The site has 175' of frontage and the large lot allows for parking up to 32.
This rare freestanding/development opportunity is being offered on a growing business corridor with traffic counts of 25,100. Contact us to learn more!

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,685 SF
Building Class
C
Year Built
1984
Price
$1,300,000
Price Per SF
$277.48
Building Height
1 Story
Zoning
B2 - General Business
Frontage
175’ on Wabash Ave
Walk Score®
Very Walkable (76)

NEARBY MAJOR RETAILERS

Planet Fitness
Scooter's Coffeehouse
PNC Bank
County Market
Steak ‘n Shake
MCL Restaurant & Bakery
U.S. Bank
Weight Watchers
Chase Bank
Mission BBQ

PROPERTY TAXES

  • Listing ID: 35970241

  • Date on Market: 5/23/2025

  • Last Updated:

  • Address: 1700 Wabash Ave, Springfield, IL 62704