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3241 Horizon Dr
Springfield, IL 62703
Hospitality Park Outlot - Former Hooter's · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Hospitality park outlot with prime interstate visibility
- Overflow parking lot ideal for high-volume traffic
- Positioned near key state government offices and employers
- Former Hooters location with 20+ years of successful operation
- Surrounded by major hotels and national dining chains
EXECUTIVE SUMMARY
Welcome to an incredible opportunity brought to you by Coldwell Banker Commercial Devonshire Realty! Imagine your business thriving in a prime location with unbeatable visibility! Nestled in a beautiful hospitality parklike setting, this outlot offers easy access from S. Dirksen Parkway and stunning sightlines from both Dirksen Pkwy and the heavily traveled Interstate 55/72, where over 52,000 vehicles pass daily! And here is an added bonus – an extra lot for overflow parking! It is perfect for the Interstate traffic the property generates – passenger vehicles, fleet vehicles, and semi-trucks among other travelers. The site has a rich history as the former home of Hooter’s, a national restaurant chain that successfully operated here for over 20 years. Now, it is your chance to transform this coveted space into the next culinary hotspot, trendy shop, or essential service-based business – one that stands resilient in today’s internet-driven world. With an impressive array of nearby amenities, including upscale hotels like IHG, Marriott, and Wyndham, your business will cater to a steady flow of business travelers and visitors. Enjoy proximity to a diverse dining scene, featuring popular names like Red Lobster, Applebee’s, and Starbucks – perfect for attracting foot traffic! With major employers such as the Illinois Dept of Transportation and the Secretary of State just minutes away, you will tap into a consistent customer base eager for your services. Do not miss out on this rare opportunity to position your business in a prime location with tremendous potential!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,262 SF
Building Class
C
Year Built/Renovated
2001/2016
Price
$495,000
Price Per SF
$116.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.48 AC
Zoning
B-1 - B-1, Highway Business Service District
Parking
95 Spaces (22.29 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Controlled Access
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $131,931 | |
| Land Assessment | $250,681 | Total Assessment | $382,612 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$250,681
Improvements Assessment
$131,931
Total Assessment
$382,612
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