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Highly Visible Retail/Office Space
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2719 W Monroe St, Springfield, IL 62704

Retail or office space with ample parking and great visibility.

Space Size2,850 SF
Property Size25,200 SF
Days on Market2630

Property Features for 2719 W Monroe St

General Information

Standard status Active
Size 2,850 SF
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 25,200 SF
Year Built 1971
Tenancy Multiple

Spaces For Lease

at 2719 W Monroe St Contact us

West Corner Suite

Size
2,850 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Todd P Smith Real Estate Inc
Listed By: Todd Smith · License #IL 471004523
Source: Crexi
Added: Jun 20, 2019 Changed: Aug 22 Last Checked: Aug 30 at 5:32PM

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 Todd P Smith Real Estate Inc

Investment Insights

Based on property information with market context.

This property offers a variety of office or retail possibilities in a highly visible location on the heavily traveled Veterans Parkway and Monroe Street corridor. The interior and exterior have been freshly painted. Ample parking is available in both the front and back of the building. A pylon sign is available for use, enhancing visibility. The City of Springfield S-2 zoning allows for a variety of possible uses. The floor plan is mostly open, and includes 3 offices and a kitchenette. A unique greenhouse is attached to the west side of the building, accessible via a double-door. The property also features rear double steel door access.

Key Highlights

  • High‑visibility location on heavily traveled Veterans Parkway and Monroe Street corridor.
  • Ample parking in both front and back of building.
  • Versatile S‑2 zoning allows for a variety of office or retail uses.

Property Analytics

Current Use

Manpower Employment Agency

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Nail Salon Dental Office Hair Salon (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
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?
Retail space - Retail or office space with ample parking and great visibility.
Where is this retail space located?
The property is located at 2719 W Monroe St Springfield, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on heavily traveled Veterans Parkway and Monroe Street corridor.; Ample parking in both front and back of building.; Versatile S‑2 zoning allows for a variety of office or retail uses.
(217) 553-5439 Call to check price and availability
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