507 4th St 8,500 SF Specialty Building Offered at $80,000 in Springfield, IL 62702
EXECUTIVE SUMMARY
Imagine the possibilities with this versatile two-building property in the heart of Springfield IL. This unique property has a ton of redevelopment potential. Located near the intersection of 4th & Carpenter, the property has a free-standing small street front retail building (+/-700 sf) and a two-story concrete and brick warehouse (plus a useable basement) behind. The warehouse has a raised loading dock entrance and two elevator and stairwell shafts. There are not many buildings like this one in Springfield so don't miss the chance to create an awesome space with this flexible property!
PROPERTY FACTS
| Price | $80,000 |
| Price Per SF | $9.41 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 0.31 AC |
| Building Size | 8,500 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
1 of 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 14-27.0-308-040 | Improvements Assessment | $4,657 |
| Land Assessment | $29,862 | Total Assessment | $34,519 |
