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720 W South Grand Ave 720 South Grand Ave W 2,150 SF Vacant Office Building Springfield, IL 62704 $385,000 ($179.07/SF)



Investment Highlights
- Newly renovated
- New HVAC System & Ductwork
- Freshly Painted Walls
- New Flooring Throughout
- Re-Striped Parking Lot
- LED Panel Lighting
Executive Summary
Imagine the possibilities at this newly renovated retail/office building for sale or lease in the heart of Springfield, IL. This property has been newly equipped with high-quality modern finishes, creating a turn-key opportunity for any owner-user or tenant. The bright, open-concept layout offers exceptional flexibility for retail, office, medical, showroom, or professional services. Enjoy owning or occupying a property with many improvements including a brand-new exterior façade, re-striped parking lot, new flooring throughout, freshly painted and finished walls, modern Pella windows & door, LED panel lighting, new HVAC system and ductwork, and rest room. This building contains, not only, a large open main room, but two other spacious rooms with cabinetry and a sink, and also a couple smaller rooms for storage or closet spaces. Also capitalize on the convenient access from this location on South Grand to MacArthur Blvd to the west as well as 5th & 6th street to the east. Do not miss the opportunity to own or lease this exceptional property! Also listed For Lease at $16.50/sf NNN
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,150 SF
Building Class
C
Year Built/Renovated
1984/2025
Price
$385,000
Price Per SF
$179.07
Percent Leased
Vacant
Building Height
1 Story
Typical Floor Size
2,150 SF
Building FAR
0.14
Lot Size
0.35 AC
Zoning
S-2 - Neighborhood Shopping District
Parking
11 Spaces (5.12 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,150 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 2,150 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 2,150 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
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Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 22-04.0-104-032 | Improvements Assessment | $9,074 |
| Land Assessment | $15,919 | Total Assessment | $24,993 |
Property Taxes
Parcel Number
22-04.0-104-032
Land Assessment
$15,919
Improvements Assessment
$9,074
Total Assessment
$24,993
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
720 W South Grand Ave | 720 South Grand Ave W



