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Downtown Springfield Mixed-Use Opportunity

251 N 4th St, Springfield, IL 62702

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For Lease

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Street-front business location in a new mixed-use development.

Type:Retail, Office, Special Purpose

HighLights

Prime downtown Springfield location between the central business district and the Mid‑Illinois Medical District.
Located in a new mixed‑use development with over 75 residential apartments.
Street front business location.
Zoning allows for a wide variety of uses (restaurant, retail, office, etc.).
Opportunity to establish a business in a growing area.
Built in 2016.

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Todd Smith

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For Lease

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Street-front business location in a new mixed-use development.

Type:Retail, Office, Special Purpose

Added:: Apr 18, 2023
Days on Market:: 1176
Last Refresh:: Jul 5 at 10:34 am

Property Features for 251 N 4th St

General Information

Standard status: Active
Property subtype: Retail, Office, Special Purpose

Building Details

Year Built: 2016

Spaces For Lease

at 251 N 4th St Contact us

We can help!

Contact an agent

Todd Smith

Listing office Todd P Smith Real Estate Inc

Listing date Apr 18, 2023

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HighLights

Prime downtown Springfield location between the central business district and the Mid‑Illinois Medical District.
Located in a new mixed‑use development with over 75 residential apartments.
Street front business location.
Zoning allows for a wide variety of uses (restaurant, retail, office, etc.).
Opportunity to establish a business in a growing area.
Built in 2016.

Overview

Located in downtown Springfield, Illinois, this street-front business location is positioned between the central business district and the Mid-Illinois Medical District. The unit is part of a new mixed-use development that includes over 75 residential apartments. The zoning allows for a wide variety of uses, including restaurant, retail, and office spaces, among other possibilities. This location offers potential for businesses looking to be in the center of activity in Springfield.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

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Local Demand

City: Springfield
County: Sangamon
State: Illinois
Longitude: -89.650812
Latitude: 39.800057

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What type of property is this?

Mixed-use property - Street-front business location in a new mixed-use development.

Where is this mixed-use property located?

The property is located at 251 N 4th St Springfield, IL.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Prime downtown Springfield location between the central business district and the Mid‑Illinois Medical District.; Located in a new mixed‑use development with over 75 residential apartments.; Street front business location.