Drive-Thru Restaurant on Oversized
For Sale
Contact for pricing
1610 W JEFFERSON Street, Springfield, IL 62702
High-traffic location with potential for additional development.
Property Size450 SF
Price / SF$777.78
Days on Market784
Property Features for 1610 W JEFFERSON Street
General Information
Standard status
Active
Size
450 SF
Property subtype
Retail
Zoning
B-2
Listing Agency:
Springfield Real Estate, LLC
(217) 494-9625
Listed By:
Peter Praia · License #475104303
Source:
Crexi
Added: Jun 19, 2024
Changed: Aug 11
Last Checked: Aug 11 at 10:43AM
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 Springfield Real Estate, LLC
Investment Insights
Based on property information with market context.
This property features a drive-thru restaurant building situated on an oversized lot, offering the potential for constructing an additional building at the rear of the lot. An adjacent lot is also available, presenting an opportunity to further expand the total buildable area. Currently, the property is leased to a tenant, but it could be converted into an owner-occupied property. The location benefits from high traffic volume, with a daily car count exceeding 21,000. The building size is 450 square feet. The property is suitable for drive-through restaurants, restaurants, or general commercial real estate use.
Key Highlights
- High demand double drive thru building
- Oversized lot with room for another building
- Located on a high traffic street (21,000+ daily car count)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - High-traffic location with potential for additional development.
Where is this drive through restaurant located?
The property is located at 1610 W JEFFERSON Street Springfield, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: High demand double drive thru building; Oversized lot with room for another building; Located on a high traffic street (21,000+ daily car count)
