Property summary
This exceptional commercial property, located at 104 E North Grand Avenue in Springfield, Illinois, presents a unique investment opportunity. Listed at $69,000, this property combines land and a 1953-built office building, offering versatility and potential. The building currently features multiple offices and a reception area, providing a flexible layout adaptable to various business needs. Its previous use as a successful work/live space highlights its adaptability and potential for diverse applications. The property's prime location on E North Grand Avenue in Sangamon County (zip code 62702) boasts high traffic counts, ensuring excellent visibility and accessibility. The building's existing configuration allows for immediate occupancy, while its adaptable design permits easy conversion to a single-use space, catering to a wide range of commercial ventures. This property is an excellent choice for entrepreneurs seeking a well-situated, adaptable space, or investors looking for a strong return on investment in a thriving Illinois market. The coordinates are 39.8165483 latitude and -89.6339212 longitude. This is a rare opportunity to acquire a versatile commercial property in a high-traffic area at an attractive price point.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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