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312 E Adams St 1,500 SF of Flex Space Available in Springfield, IL 62701
HIGHLIGHTS
- Fully renovated in 2023, including new mechanicals, electrical, and plumbing.
- Highly walkable location on one of Springfield's most popular blocks.
- Steps from coffee shops, tea houses, restaurants, and wine bars.
- High ceilings, large storefront windows, and original architectural details and includes full basement.
- Farmers Market right outside your door (seasonal). Upper two floors are residential.
- Close proximity to the Old and New Illinois State Capitols, state government offices and the medical district.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - C | 1,500 SF | Negotiable | $18.40 /SF/YR $1.53 /SF/MO $27,600 /YR $2,300 /MO | Modified Gross |
1st Floor - C
Bring your business to the heart of downtown Springfield! This 1,500 SF first-floor commercial space combines historic charm with modern updates in a fully renovated 1912 three-story building. The open-concept layout features exposed brick, original hardwood floors, soaring ceiling, and large storefront windows - perfect for retail, office, gallery, or studio use. Renovated in 2023 with all-new mechanical, electrical, and plumbing systems, this space is move-in ready. Located on one of Springfield's most popular downtown blocks, you'll have Farmers Market at your doorstep and have coffee shops, restaurants, and wine bar nearby. Just steps from both the Old and New Illinois State Capitols and close to the medical district.
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Central Air and Heating
- Security System
- Secure Storage
- High Ceilings
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,500 SF | Gross Leasable Area | 5,049 SF |
| Property Type | Retail | Year Built/Renovated | 1912/2023 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,049 SF |
| Year Built/Renovated | 1912/2023 |
ABOUT THE PROPERTY
Located in the heart of downtown Springfield, this 1,500 sq. ft. first-floor commercial space offers unmatched character and visibility. Situated in a beautifully restored 1912 three-story building, the property features exposed brick walls, original hardwood floors, and abundant natural light. The open floor plan allows for maximum flexibility- perfect for retail, office, studio, gallery, or other creative uses. Includes full basement. This is an opportunity to position your business in a vibrant, historic setting with modern upgrades in the center of Springfield.
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Lexah, Inc
312 E Adams St
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