Mixed-Use Building with Auto
For Sale
Contact for pricing
Pending
2532 RIDGE Avenue, Springfield, IL 62702
Convenience retail and a former automotive repair operation occupy a flexible commercial property with updated parking improvements.
Property Size7,700 SF
Days on Market141
Property Features for 2532 RIDGE Avenue
General Information
Standard status
Pending
Size
7,700 SF
Property subtype
Land, Industrial
Additional Details
Service Bays
7
Amenities
new parking lot
Building Details
Buildings
1
Listing Agency:
The Real Estate Group
Listed By:
William Marriott
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 7:32PM
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 The Real Estate Group
Investment Insights
Based on property information with market context.
This mixed-use property combines a convenience store with a former automotive repair shop in a 7,700-square-foot building. The shop component measures 5,400 square feet and includes seven service bays and four lifts, providing an established automotive layout alongside the retail space. A new parking lot was completed in 2022.
The convenience store is subject to a new 10-year lease with 2% escalators. The property is located at 2532 Ridge Avenue in Springfield, Illinois, and offers two distinct commercial components within one building.
The convenience store is subject to a new 10-year lease with 2% escalators. The property is located at 2532 Ridge Avenue in Springfield, Illinois, and offers two distinct commercial components within one building.
Key Highlights
- 7,700‑square‑foot mixed‑use building with convenience store and former automotive repair shop
- 5,400‑square‑foot shop area with 7 bays and 4 lifts
- Convenience store has a new 10‑year lease with 2% escalators
Property Analytics
Property Profile
Current Use
Lease Details
7
Service bays
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
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 Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Convenience retail and a former automotive repair operation occupy a flexible commercial property with updated parking improvements.
Where is this mixed-use property located?
The property is located at 2532 RIDGE Avenue Springfield, IL.
What are key features of this property?
This property features: 7,700‑square‑foot mixed‑use building with convenience store and former automotive repair shop; 5,400‑square‑foot shop area with 7 bays and 4 lifts; Convenience store has a new 10‑year lease with 2% escalators
