924 Grand Ave, Springfield, IL 62703
This exceptional 4,000 square foot retail space is available for lease in Springfield, Illinois. Located at 924 N Grand Avenue (9003), this Class B property boasts a highly visible corner location at the southeast intersection of N Grand Avenue and N MacArthur Boulevard. The building offers ample on-site parking with over 40 spaces, catering to both customers and employees. Currently, the entire 4,000 square feet is vacant, presenting a unique opportunity for a single tenant to establish a significant presence in a well-established Springfield business district. The property benefits from landmark recognition and excellent signage opportunities, ensuring high visibility and attracting potential customers. This prime retail space is ideal for businesses seeking a strong location with high traffic and excellent accessibility. The building's history as a well-known retail staple in the Springfield community adds to its appeal and provides an established foundation for future success. Situated in Sangamon County, this property offers a strategic location within the heart of Springfield's commercial activity. The space is suitable for various retail uses and is ready for immediate occupancy.
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IHR & Associates Inc Trade Show Venue (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.