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Flexible Retail/Office Storefront
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1200 N 5th St, Springfield, IL 62702

Single-building storefront with an open layout on both ends, smaller rooms, and a central kitchenette.

Property Size3,372 SF
Price / SF$35.59
Days on Market39

Property Features for 1200 N 5th St

General Information

Standard status Active
Size 3,372 SF
Property subtype OFFICE

Additional Details

Road Access Yes

Amenities

kitchenette
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Blake Pryor · License #475159138
Source: Moodyscre
Added: Jul 13 Changed: Jul 26 Last Checked: Jul 26 at 3:06AM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This storefront property includes a flexible interior layout with open areas on each end, along with several smaller rooms and a kitchenette near the center. A small clothing store currently occupies the building on a month-to-month basis.

The property is positioned along an established commercial corridor and is described as having strong visibility, convenient access, and multiple points of ingress and egress.

The configuration supports a range of next-owner uses, including a small office, retail, or a service business, depending on how the space is finished and operated.

Key Highlights

  • Single‑building storefront with an open layout on both ends plus several smaller rooms
  • Central kitchenette in the building
  • Small clothing store currently occupies the space on a month‑to‑month basis

Property Analytics

Current Use

Zhai Na Clinic Medical Clinic I-290 snacks and goods ... Clothing Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Grocery & Convenience Store Furniture & Home Goods

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,917
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Single-building storefront with an open layout on both ends, smaller rooms, and a central kitchenette.
Where is this storefront property located?
The property is located at 1200 N 5th St Springfield, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Single‑building storefront with an open layout on both ends plus several smaller rooms; Central kitchenette in the building; Small clothing store currently occupies the space on a month‑to‑month basis
(217) 725-9518 Call to check price and availability
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