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Freestanding Retail Building
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920 N Grand Ave E, Springfield, IL 62702

Freestanding retail building with an open sales area, multiple offices, restrooms, and dock lift on a hard-corner site.

Property Size15,251 SF
Price / SF$78.68
Days on Market626

Property Features for 920 N Grand Ave E

General Information

Standard status Active
Size 15,251 SF
Property subtype RETAIL

Warehouse & Industrial

Clear Height 12 ft
Sprinkler System Yes

Additional Details

Traffic Count 20,550 vehicles/day

Amenities

small office
photo room with eye-washing station
back stock room
walk-in cooler
three restrooms
lounge area
pharmacy
additional office
hydraulic dock lift
pylon signs
traffic-signal access

Building Details

Construction precast concrete
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Blake Pryor · License #475159138
Source: Moodyscre
Added: Dec 2, 2024 Changed: Aug 11 Last Checked: Aug 11 at 3:25PM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This freestanding retail building totals 15,251 SF and was constructed with precast concrete. The property features a spacious open sales area with 12’ ceilings, supported by back-of-house improvements including a wet-sprinkler-equipped back stock room, an eye-wash station in a photo room, and an 18’6” x 11’ walk-in cooler. Additional amenities include three restrooms, a lounge area, a pharmacy, and an extra office. An efficient 5,000 lb hydraulic dock lift is also on site.

The property sits on a hard corner lot at a busy intersection with 20,550 AADT and traffic-signal access. Prominent pylon signage supports visibility from surrounding traffic, and ample parking is available.

With a flexible floorplate built around an open sales environment plus supporting functional rooms, the space is well-suited for retailers seeking a stand-alone presence at a high-visibility location.

Key Highlights

  • Freestanding 15,251 SF small‑box retail building on a hard‑corner lot with pylon signage and traffic‑signal access.
  • Former CVS Pharmacy location at a busy intersection with 20,550 AADT for strong street exposure and accessibility.
  • Precast concrete construction with a spacious open sales area and 12' ceilings, supporting flexible retail layouts.

Property Analytics

Current Use

Coinstar Big Box & Wholesale Store Coinhub Bitcoin ATM ... Atm LibertyX Bitcoin ATM Atm MoneyGram Bank CDReload - Online Bitcoin ... Crypto Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Nail Salon Auto Parts 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

12 ft
Clear height
20,550 VPD
Traffic count
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby
Well-served
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

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  • Randy D. Malan, RPh 401 North 4th Street, Springfield, IL 62702, Springfield, IL 62701
  • illinois prescription monitoring program 401 N 4th St, Springfield, IL 62702

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding retail building with an open sales area, multiple offices, restrooms, and dock lift on a hard-corner site.
Where is this drug store located?
The property is located at 920 N Grand Ave E Springfield, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Freestanding 15,251 SF small‑box retail building on a hard‑corner lot with pylon signage and traffic‑signal access.; Former CVS Pharmacy location at a busy intersection with 20,550 AADT for strong street exposure and accessibility.; Precast concrete construction with a spacious open sales area and 12' ceilings, supporting flexible retail layouts.
(217) 725-9518 Call to check price and availability
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