Class A Freestanding Office
740 E Ash St, Springfield, IL 62703
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Exceptional Class A office building with high-end finishes and modern conveniences.
Type:Office
Property size:
36,631 SFPrice / SF:
$49/SF- Added:
- Apr 19, 2024
- Days on Market:
- 775
- Last Refresh:
- May 12 at 9:38 pm
Property Features for 740 E Ash St
General Information
- Standard status
- Active
- Size
- 36,631 SF
- Property subtype
- Office
Building Details
- Year Built
- 1965
Listing agent Blake Pryor License #475159138
Listing office Coldwell Banker Commercial Devonshire Realty (217) 547-6650
Listing date Apr 19, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty
HighLights
- Class A freestanding office facility with high‑end finishes and thoughtfully designed spaces.
- Excellent location south of Downtown Springfield, with high visibility and accessibility off S. 6th St.
- Previously home to the State Government, making it ideal for another institutional entity or large‑scale end‑user.
- Located in an Enterprise Zone, qualifying for tax exemptions and abatement on City of Springfield property taxes.
- Features a fully operational wet sprinkler system, a robust 450 AMP 3‑Phase electric supply, and a 7’ X 7’ roll‑up door.
- Situated in a serene park‑like setting near key landmarks.
Overview
This Class A freestanding office facility, originally constructed in 1965 and extensively renovated in 1994 and 2008 with a major addition in 2008, offers a blend of timeless elegance and contemporary convenience. The property features high-end finishes and thoughtfully designed spaces, including private offices, spacious conference rooms, break areas, and ample open workspaces. Previously home to the State Government for three decades, this location is suitable for another institutional entity or a large-scale end-user. The property is situated in a serene park-like setting shared with the Illinois Department of Human Services, just off S. 6th St, a bustling thoroughfare with 12,400 AADT, providing excellent visibility and accessibility. Interstate 55 & 72 are minutes away, ensuring connectivity to regional hubs. It is also near the Springfield Clinic Main Campus, The Governor’s Mansion, and Lincoln Home National Historic Site. The property includes a fully operational wet sprinkler system, a 450 AMP 3-Phase electric supply, and a 7’ X 7’ roll-up door for shipping and receiving. The property is in an Enterprise Zone and qualifies for a tax exemption on building materials for future construction, remodel, or rehabilitation, and abatement on the City of Springfield’s portion of the property taxes. The building contains 36631 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.66328
- Latitude
- 39.77864
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FAQs
What type of property is this?
Office building - Exceptional Class A office building with high-end finishes and modern conveniences.
Where is this office building located?
The property is located at 740 E Ash St Springfield, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Class A freestanding office facility with high‑end finishes and thoughtfully designed spaces.; Excellent location south of Downtown Springfield, with high visibility and accessibility off S. 6th St.; Previously home to the State Government, making it ideal for another institutional entity or large‑scale end‑user.
