Corner Retail-Office
1200 North 5th Street Springfield, IL 62702
1200 North 5th Street, Springfield, IL, 62702
Contact for pricing
For Sale
Contact for pricing
Freestanding corner building with flexible office/retail layout and multiple ingress/egress at a signalized intersection.
Property Size3,372 SF
Price / SF$35.59
Days on Market23
Property Features for 1200 North 5th Street
General Information
- Standard status
- Active
- Size
- 3,372 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1950
Listing agency
Coldwell Banker Commercial Devonshire Realty
(217) 547-6650
Listed by
Blake Pryor · License #475159138
Source
Crexi
Added: Jun 30 Updated: Jul 21 at 11:21PM Checked: Jul 21 at 11:21PM
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 freestanding office/retail building sits on a corner lot and is positioned at a signalized intersection. The interior offers a flexible configuration with open areas on each end, several smaller rooms, and a kitchenette near the center.
The property is located in the Mid-Illinois Medical District with multiple nearby healthcare and training-related projects, including Advanced Medical Transport/Medics First’s new headquarters and clinical training facility in partnership with Memorial Health and Illinois State University’s Mennonite College of Nursing, as well as newer DaVita Kidney Care and KED Plasma facilities. The site also falls within the Enos Park TIF District and an Enterprise Zone.
A small clothing store currently occupies the building on a month-to-month basis. The overall layout is suited to a small office, retail user, service business, or other commercial use depending on the next owner’s needs. The information regarding potential incentives and eligibility should be confirmed with the City of Springfield’s Office of Planning and Economic Development.
The property is located in the Mid-Illinois Medical District with multiple nearby healthcare and training-related projects, including Advanced Medical Transport/Medics First’s new headquarters and clinical training facility in partnership with Memorial Health and Illinois State University’s Mennonite College of Nursing, as well as newer DaVita Kidney Care and KED Plasma facilities. The site also falls within the Enos Park TIF District and an Enterprise Zone.
A small clothing store currently occupies the building on a month-to-month basis. The overall layout is suited to a small office, retail user, service business, or other commercial use depending on the next owner’s needs. The information regarding potential incentives and eligibility should be confirmed with the City of Springfield’s Office of Planning and Economic Development.
Key Highlights
- Freestanding office/retail building on a corner lot at the signalized intersection of 5th St and E. North Grand Ave
- Approximately 13,500 AADT along E. North Grand Ave
- Flexible interior layout with open areas on each end, several smaller rooms, and a kitchenette
Property Analytics
Location Intelligence
Current Use by Public Records
Zhai Na Clinic
Medical Clinic
I-290 snacks and goods ...
Clothing Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Freestanding corner building with flexible office/retail layout and multiple ingress/egress at a signalized intersection.
Where is this storefront property located?
The property is located at 1200 North 5th Street 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: Freestanding office/retail building on a corner lot at the signalized intersection of 5th St and E. North Grand Ave; Approximately 13,500 AADT along E. North Grand Ave; Flexible interior layout with open areas on each end, several smaller rooms, and a kitchenette
