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3220 Stanton St 45,000 SF 100% Leased Retail Building Springfield, IL 62703 For Sale
INVESTMENT HIGHLIGHTS
- Located approximately 4.6 miles (11 minutes) from Springfield Amtrak Station and 8.3 miles (20 minutes) from Abraham Lincoln Capital Airport
- Parking: 200 surface parking spaces
- Adjacent to businesses such as Tjelmeland Laketown Automotive, BLH Computers, Magro’s Meat & Produce, and Bunn-o-Matic Corporation
- 1957 construction / refreshed 2019 (roof, façade, paint, doors, parking, bathrooms upgrades)
EXECUTIVE SUMMARY
Copy and past link to access due diligence and detail property information: https://bracketre.com/listing/bf4a8b5f-9560-41a4-b35f-8fa117d44ad3
New Roof with Warranty.
3220 Stanton Street presents a compelling value-add opportunity in Springfield, offering a flexible footprint ideal for a wide range of commercial uses. Originally operated as a bowling alley, the property has already been stripped to shell condition — giving investors and users the ability to design a fully custom build-out tailored to their business model.
The location, frontage, and significant on-site parking create strong upside for a retail conversion, making this an excellent candidate for showroom retail, fitness, medical clinic, specialty retail concepts, or destination retail tenants.
The building structure and site layout also support flex and industrial-style uses, such as last-mile distribution, light manufacturing, assembly, storage, warehousing, or service-based operations. This flexibility is particularly valuable in a market like Springfield where new supply is limited, and quality conversion opportunities are scarce.
New Roof with Warranty.
3220 Stanton Street presents a compelling value-add opportunity in Springfield, offering a flexible footprint ideal for a wide range of commercial uses. Originally operated as a bowling alley, the property has already been stripped to shell condition — giving investors and users the ability to design a fully custom build-out tailored to their business model.
The location, frontage, and significant on-site parking create strong upside for a retail conversion, making this an excellent candidate for showroom retail, fitness, medical clinic, specialty retail concepts, or destination retail tenants.
The building structure and site layout also support flex and industrial-style uses, such as last-mile distribution, light manufacturing, assembly, storage, warehousing, or service-based operations. This flexibility is particularly valuable in a market like Springfield where new supply is limited, and quality conversion opportunities are scarce.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
45,000 SF
Building Class
B
Year Built/Renovated
1957/2019
Percent Leased
100%
Building Height
1 Story
Building FAR
0.32
Lot Size
3.23 AC
Zoning
B-2 - Carefully investigate zoning. Please conduct your own investigation.
Parking
200 Spaces (4.44 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-14.0-106-002 | Improvements Assessment | $69,808 |
| Land Assessment | $97,765 | Total Assessment | $167,573 |
PROPERTY TAXES
Parcel Number
22-14.0-106-002
Land Assessment
$97,765
Improvements Assessment
$69,808
Total Assessment
$167,573
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3220 Stanton St
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