526 Grand Ave Springfield, IL 62704
- Commercial real estate
- 0.16 lot acres
Current Use by Public Records
- Relaxing Spa / Massage Spa
- 88 Relaxing Massage / Massage Spa / Massage Therapist
Property Details for 526 Grand Ave
- Lot size
- 0.16 lot acres
- Property type
- Commercial real estate
- APN
- 22-04.0-127-050
- APU
- 22040127050
Description
This exceptional 2,348 square foot commercial property located at 526 W South Grand Avenue in Springfield, Illinois, presents a unique investment opportunity. Currently configured as a thriving massage therapy business, the building offers remarkable versatility and potential for diverse uses. The main level boasts five individual offices, a convenient break room, a dedicated conference room, and a welcoming reception area. Two full bathrooms add to the functionality and convenience. An attached, heated one-car garage provides secure parking for one vehicle, complemented by six additional private parking spaces. The high visibility from South Grand Avenue ensures excellent exposure for any business. The property also includes a substantial 2,025 square foot basement with a full bathroom, offering significant additional space for storage, expansion, or conversion. The adaptable layout makes it ideal for a variety of commercial ventures, including but not limited to, continued use as a professional office space, or conversion into a duplex. This property is priced at $195,000 and offers a compelling combination of location, size, and features. The ample parking and convenient access make this a highly desirable commercial property. Schedule a showing today to explore the possibilities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6625
- Latitude
- 39.7866
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA