Freestanding Retail
For Lease
Contact for pricing
400 E South Grand Avenue, Springfield, IL 62703
Open-format retail space with on-site parking, prominent signage, and B-1 zoning for commercial use.
Space SizeContact for details
Property Size8,320 SF
Days on Market548
Property Features for 400 E South Grand Avenue
General Information
Standard status
Active
Size
8,320 SF
Total Parking Spaces
42
Zoning
B-1
Lease Type
Net
Taxes and HOA fees
Annual Taxes
$19,241
Building Details
Building Size
8,320 SF
Year Built
2012
Buildings
1
Listing Agency:
Todd P Smith Real Estate
(217) 553-5439
Listed By:
Todd Smith · License #471004523
(217) 553-5439
Source:
Shawneehillsrealestate
Added: Feb 28, 2025
Changed: Aug 30
Last Checked: Aug 30 at 12:56PM
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
Investment Insights
Based on property information with market context.
This freestanding storefront provides 8,320 square feet of open retail space at 400 E South Grand Avenue. The building was reconstructed in 2012, combining a contemporary condition with a flexible interior configuration. On-site parking and prominent signage support customer access and property identification.
The property sits along a commercial corridor in Springfield, surrounded by both commercial and residential areas. B-1 zoning is in place, and the open layout can accommodate a range of retail-oriented configurations. Its standalone building profile provides a distinct presence within the surrounding commercial setting.
The property sits along a commercial corridor in Springfield, surrounded by both commercial and residential areas. B-1 zoning is in place, and the open layout can accommodate a range of retail-oriented configurations. Its standalone building profile provides a distinct presence within the surrounding commercial setting.
Key Highlights
- 8,320‑square‑foot open retail space
- Freestanding building reconstructed in 2012
- B‑1 zoning
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,980
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62703, IL
28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Open-format retail space with on-site parking, prominent signage, and B-1 zoning for commercial use.
Where is this storefront property located?
The property is located at 400 E South Grand Avenue Springfield, IL.
What are key features of this property?
This property features: 8,320‑square‑foot open retail space; Freestanding building reconstructed in 2012; B‑1 zoning
