700 Grand Ave Springfield, IL 62703
- Commercial real estate
- 1,372 SF
- 0.10 lot acres
Current Use by Public Records
- Anthology Financial Partners - Ameriprise Financial Services, LLC / Financial Planner / Investment Service
Property Details for 700 Grand Ave
- Year built
- 1924
- Lot size
- 0.10 lot acres
- Property size
- 1,372 SF
- Property type
- Commercial real estate
Description
This exceptional 1,372 square foot commercial building presents a prime opportunity for businesses seeking a strategic Springfield location. Situated on a 0.1-acre lot at 700 W South Grand Avenue, this two-story property boasts excellent visibility and accessibility. The building features well-appointed office spaces on both the first and second floors, providing ample room for various business configurations. A convenient kitchen/break room is included, enhancing employee comfort and convenience. A full basement offers additional storage or expansion potential. Three dedicated parking spaces are provided, addressing the parking needs of employees and clients. The property includes an ADA-compliant ramp, ensuring accessibility for all. The building's zoning is ideal for office use, making it a perfect fit for a wide range of businesses. Its location on South Grand Avenue offers high visibility, ensuring maximum exposure to potential customers. The proximity to Washington Park provides a pleasant amenity for employees seeking a nearby green space during breaks. This property is priced to sell at $105,000 and represents a compelling investment opportunity in a thriving Springfield commercial district.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6645
- Latitude
- 39.7868
