Freestanding Retail Property on Corner
For Sale
Contact for pricing
920 N Grand Ave E, Springfield, IL 62702
High-visibility retail property with ample parking and strategic location.
Property Size15,251 SF
Price / SF$78.68
Days on Market656
Property Features for 920 N Grand Ave E
General Information
Standard status
Active
Size
15,251 SF
Total Parking Spaces
72
Property subtype
Retail
Zoning
S-3, Central Shopping District
Investment Type
Owner/User
Building Details
Year Built
2001
Buildings
1
Stories
1
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 918-0871
Listed By:
Blake Pryor · License #475159138
Source:
Crexi
Added: Nov 5, 2024
Changed: Aug 14
Last Checked: Aug 22 at 7:13AM
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 15,251 square foot property, formerly a CVS Pharmacy, offers high visibility on a hard corner lot. Situated at a bustling intersection with an average annual daily traffic count of 20,550, the location features prominent pylon signs and convenient traffic-signal access. The building, constructed with durable precast concrete, includes a spacious open sales area with 12-foot ceilings, suitable for flexible layout options. Supporting facilities include a small office, photo room with an eye-washing station, a wet-sprinkler-equipped back stock room, an 18 foot 6 inch by 11 foot walk-in cooler, three restrooms, a lounge area, a pharmacy, and an additional office. A 5,000 lb hydraulic dock lift enhances the property’s functionality. The property is located within the Enos Park TIF District and the Springfield/Sangamon County Enterprise Zone, making it eligible for incentives that offer advantages for new or expanding businesses. Springfield, the Capital of Illinois and the county seat of Sangamon County, is located in central Illinois and is accessed by Interstate 55 and 72. The city is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis, MO. The historic US Route 66 crosses Illinois from Chicago to East St. Louis, which includes Springfield. Springfield is home to the University of Illinois at Springfield (UIS), the Southern Illinois (SIU) School of Medicine, and Lincoln Land Community College.
Key Highlights
- High‑visibility hard corner location with 20,550 AADT and traffic‑signal access.
- Located in Enos Park TIF District and Springfield/Sangamon County Enterprise Zone, offering multiple incentives.
- Spacious 15,251 SF building with flexible open sales area and 12' ceilings.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Well-served
Demand for This Use
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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Similar Off Market Nearby
- Health Mart — 210 E Carpenter St, Springfield, IL 62702
- County Market Pharmacy 225 — 210 E Carpenter St, Springfield, IL 62702
- Dhs Bureau of Pharm & Clinic — 401 N 4th St N1s, Springfield, IL 62702
- 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 - High-visibility retail property with ample parking and strategic location.
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: High‑visibility hard corner location with 20,550 AADT and traffic‑signal access.; Located in Enos Park TIF District and Springfield/Sangamon County Enterprise Zone, offering multiple incentives.; Spacious 15,251 SF building with flexible open sales area and 12' ceilings.
