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517 S 4th St 4,230 SF Retail Building Springfield, IL 62701 $749,000 ($177.07/SF)
Investment Highlights
- New mechanicals, roof and sprinkler system - 2017
- Well maintained
- Good visibility
Executive Summary
This well-maintained 4,230 sq. ft. restaurant building is move-in ready and ideal for a variety of business ventures. It features off-street parking, a new hood system, updated mechanicals (2017), a new roof (2017), and a sprinkler system installed in 2017. The spacious lower level includes a banquet room, a walk-in cooler, sink, and generous storage space—perfect for food service or event operations. With its solid infrastructure and functional layout, this property offers a great opportunity for your next business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,230 SF
Building Class
B
Year Built/Renovated
1960/2017
Price
$749,000
Price Per SF
$177.07
Tenancy
Single
Building Height
1 Story
Zoning
H-2 - Commercial
Frontage
87’ on 4th St.
Amenities
- Conferencing Facility
- Restaurant
- Security System
- Air Conditioning
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-34.0-156-023 | Improvements Assessment | $63,249 |
| Land Assessment | $86,676 | Total Assessment | $149,925 |
Property Taxes
Parcel Number
14-34.0-156-023
Land Assessment
$86,676
Improvements Assessment
$63,249
Total Assessment
$149,925
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