Downtown Springfield Mixed-Use
For Lease
Contact for pricing
251 N 4th St, Springfield, IL 62702
Street-front business location in a new mixed-use development.
Space Size1,560 SF - 2,750 SF
Property Size55,640 SF
Days on Market1221
Property Features for 251 N 4th St
General Information
Standard status
Active
Size
1,560 SF - 2,750 SF
Class
D
Property subtype
Retail, Office, Special Purpose
Lease Type
Modified Gross
Building Details
Building Size
55,640 SF
Year Built
2016
Tenancy
Multiple
Spaces For Lease
at 251 N 4th St Contact us- Size
- 2,750 SF
- Type
- Office, Retail, Special Purpose
- Lease Type
- Modified Gross
- Availability
- Active
261 N 4th
- Size
- 1,560 SF
- Type
- Office, Retail, Special Purpose
- Availability
- Active
251 N 4th
Listing Agency:
Todd P Smith Real Estate Inc
(217) 553-5439
Listed By:
Todd Smith · License #471004523
Source:
Crexi
Added: Apr 18, 2023
Changed: Aug 20
Last Checked: Aug 20 at 9:51AM
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.
Located in downtown Springfield, Illinois, this street-front business location is positioned between the central business district and the Mid-Illinois Medical District. The unit is part of a new mixed-use development that includes over 75 residential apartments. The zoning allows for a wide variety of uses, including restaurant, retail, and office spaces, among other possibilities. This location offers potential for businesses looking to be in the center of activity in Springfield.
Key Highlights
- Prime downtown Springfield location between the central business district and the Mid‑Illinois Medical District.
- Located in a new mixed‑use development with over 75 residential apartments.
- Street front business location.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,767
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-front business location in a new mixed-use development.
Where is this mixed-use property located?
The property is located at 251 N 4th St Springfield, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Prime downtown Springfield location between the central business district and the Mid‑Illinois Medical District.; Located in a new mixed‑use development with over 75 residential apartments.; Street front business location.
