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108 Mason St Springfield, IL 62702

Sponsored
For Sale
$184,000

Fully paved & fenced parking lot. Great investment!

Description

Added:
Feb 3, 2025
Days on Market:
343
This exceptional commercial property, located at 108 W Mason Street in Springfield, Illinois, presents a unique investment opportunity. The property consists of a fully paved and fenced parking lot, ideal for a variety of commercial uses. Its strategic location within Springfield offers excellent accessibility and visibility, making it an attractive option for businesses seeking convenient parking solutions for their employees or customers. The lot's size, while not specified in square footage, is entirely paved and secured by a perimeter fence, ensuring safety and ease of use. The asking price of $184,000 represents a compelling entry point into the Springfield commercial real estate market. Given the high demand for secure parking in urban areas, this property offers strong potential for rental income or appreciation. The absence of any existing structures on the lot allows for maximum flexibility in terms of future development or adaptation to specific parking needs. This is a turnkey investment opportunity requiring minimal capital expenditure, making it an attractive proposition for both seasoned investors and newcomers to the commercial real estate sector. The property is situated on a lot of zero acres, indicating a compact and efficiently utilized space. Serious inquiries are encouraged to explore this promising investment further.

Property Features for 108 Mason St

General Information

Property type
Other commercial real estate

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.65524
Latitude
39.80487

FAQs

What type of property is this?
Commercial real estate - Fully paved & fenced parking lot. Great investment!
Where is this commercial real estate located?
The property is located at 108 Mason St Springfield, IL.
What is the asking price?
The asking price for this property is $184,000.
More about this property
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