1030 Grand Ave Springfield, IL 62704
This exceptional Springfield, IL commercial property, located at 1030 W North Grand Avenue, 62704, presents a rare investment opportunity. Priced at $799,000, this expansive property boasts over 22,000 square feet of combined warehouse and office space, ideal for a variety of businesses. A significant feature is its convenient drive-through design, allowing for efficient material handling. The property includes two loading docks and one drive-in door, ensuring seamless logistics. Ceiling heights vary, with approximately 20 feet in most areas and a 16-foot section. The building's functionality is further enhanced by a substantial heating and air conditioning system, a large cooler area perfectly suited for temperature-sensitive goods, and ample office space. Its previous use as a liquor distribution center speaks to its suitability for similar operations or adaptable businesses. A generous parking lot provides convenient access, and an additional 40 x 80 foot steel building is currently leased, generating potential rental income. This property is priced to sell and offers a unique blend of warehouse and office space in a prime Springfield location. A detailed floor plan will be available shortly.
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Egizii Distributing Distribution Center Logistics Company
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.