740 Ash St Springfield, IL 62703
- Commercial real estate
- 2.39 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 740 Ash St
- Lot size
- 2.39 lot acres
- Property type
- Commercial real estate
- APN
- 22-03.0-303-004
- APU
- 22030303004
Description
This exceptional Class A office building, located at 740 E Ash St, Springfield, IL 62703, offers 36,631 square feet of space, currently vacant and available for sale or lease. Built in 1965 and extensively renovated in 2008 (including a major addition), this single-story building features high-end finishes throughout. The property sits on a 2.39-acre lot and includes 135 parking spaces. Conveniently located near S. 6th St (12,400 AADT), Interstate 55 & 72, and close to the Springfield Clinic Main Campus, the Governor's Mansion, and Lincoln Home National Historic Site, this property boasts excellent visibility and accessibility. Building amenities include a fully operational wet sprinkler system, a robust 450 AMP 3-Phase electric supply, and a 7' x 7' roll-up door. The property is zoned S-2, Community Shopping & Office District (APN: 22-03.0-303-004) and is situated in an Enterprise Zone, potentially offering tax exemptions on building materials for future improvements and abatement on city property taxes. This property is ideal for a large-scale end-user or institutional entity seeking a prestigious and functional address in a serene park-like setting. The property taxes are $0.85 per square foot. There are no elevators.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6463
- Latitude
- 39.7787
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA
