920 Grand Ave Springfield, IL 62702

Property Details for 920 Grand Ave

Year built

2001

Lot size

1.95 lot acres

Property size

15,251 SF

Property type

Drug stores

Property subtype

Grocery and convenience stores

APN

14-27.0-202-026

Description

This 15,251 square-foot freestanding retail building is situated on a 1.95-acre hard corner lot in Springfield, Illinois, at 920 N Grand Ave E, zip code 62702. Built in 2001, the single-story structure features 72 parking spaces and a drive-thru. The property boasts high visibility due to its location on a signalized intersection with a high average daily traffic count of 20,550. The building includes a spacious open sales area with 12-foot ceilings, a small office, photo room with eye-washing station, a wet-sprinkler-equipped back stock room, an 18'6" x 11' walk-in cooler, three restrooms, a lounge area, and a former pharmacy. A 5,000 lb hydraulic dock lift is also present. The property is zoned S-3, Central Shopping District, and is located within the Enos Park Tax Increment Financing (TIF) District and the Springfield/Sangamon County Enterprise Zone, making it eligible for various incentives. The asking price is $1,200,000 ($78.68/sq ft). The property's APN is 14-27.0-202-026. Springfield is the capital of Illinois, offering a strong economy driven by tourism, higher education (including the University of Illinois Springfield), and its central location along Interstate 55 and 72. This presents a unique opportunity for owner-users seeking a high-traffic location with significant growth potential.

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Longitude

-89.642774054729

Latitude

39.815993445603