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Open-Plan Retail Space

1029 Wabash Ave, Springfield, IL 62704

For Lease
Contact for pricing

Two rear offices and a separate garage/storage area add useful support space.

Space Size5,288 SF
Days on Market26

Property Features for 1029 Wabash Ave

General Information

Standard status Active
Size 5,288 SF
Net Rentable 5,288 SF
Property subtype Retail

Space & Availability

Available Space 5,288 SF
Contiguous Space 5,288 SF
Space Use Retail

Amenities

glass storefront
overhead door
two offices

Spaces For Lease

at 1029 Wabash Ave
#1 Active
Size 5,288 SF
Contact us
Listing Agency: Todd P Smith Real Estate Inc
Listed By: Todd Smith · License #IL 471004523
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 5:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd P Smith Real Estate Inc

Rey
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Investment Insights

Based on property information with market context.

This retail space contains approximately 5,288 square feet, with a broad open sales area and a glass storefront. Two offices are built out at the rear, and a separate garage/storage area of approximately 688 square feet has an overhead door. On-site parking serves the property.

The site is just west of the MacArthur Boulevard and Wabash Avenue intersection in Springfield. Scheels Sports Complex, entertainment venues, restaurants, and hotels are approximately 1.5 miles away, south along MacArthur Boulevard.

Key Highlights

  • Approximately 5,288 square feet of retail space
  • Approximately 688‑square‑foot garage/storage area with overhead door
  • Two offices at the rear of the space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Closed Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Springfield

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two rear offices and a separate garage/storage area add useful support space.
Where is this retail space located?
The property is located at 1029 Wabash Ave Springfield, IL.
What are key features of this property?
This property features: Approximately 5,288 square feet of retail space; Approximately 688‑square‑foot garage/storage area with overhead door; Two offices at the rear of the space
(217) 553-5439 Call to check price and availability
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