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INVESTMENT HIGHLIGHTS
- S Grant City Development
- Laundry Mat Business Included
EXECUTIVE SUMMARY
Thank you for looking at 529-531 S Grant. This building is 4,800 sq ft and will include a laundry mat business in the sale of the building as well as an additional .24 lot next door. It sits right on the future site of the Grant Ave Parkway Connect Project by the City of Springfield. 529 consists of 2,400 sq ft and was a old gas station that closed. Underground tanks were removed and owners received a ''no further auction'' letter from DNR. Currently vacant.
Laundry mat includes all equipment and supplies with sale and consists of 2,400 sq ft. Equipment list and P/L can be provided with a signed NDA. Laundry mat is in operation so please do not disturb tenants. Reach out to agent for breakdown of building and business values.
Laundry mat includes all equipment and supplies with sale and consists of 2,400 sq ft. Equipment list and P/L can be provided with a signed NDA. Laundry mat is in operation so please do not disturb tenants. Reach out to agent for breakdown of building and business values.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
1970
Price
$674,900
Price Per SF
$140.60
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.61 AC
Zoning
PD
Parking
15 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (74)
Bike Score®
Biker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-23-143-005 | Improvements Assessment | $44,860 |
| Land Assessment | $36,770 | Total Assessment | $81,630 |
PROPERTY TAXES
Parcel Number
13-23-143-005
Land Assessment
$36,770
Improvements Assessment
$44,860
Total Assessment
$81,630
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529-531 S Grant Ave
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