4531 Wabash Ave Springfield, IL 62711
- Commercial real estate
- 1.23 lot acres
Feb 25, 2022
Current Use by Public Records
- Commercial real estate
Property Details for 4531 Wabash Ave
- Lot size
- 1.23 lot acres
- Property type
- Commercial real estate
- APN
- 21-11.0-382-013
- APU
- 21110382013
Description
This exceptional commercial property, known as Yellowstone, presents a unique investment opportunity. Located in a B-1 zoned area and identified by APN 21-11.0382013, this single-tenant building offers 2,215 square feet of versatile space, ideal for a variety of businesses. The property's classification encompasses both office and retail uses, providing flexibility for potential occupants. The single-tenant occupancy ensures a streamlined management experience, minimizing complexities often associated with multi-tenant properties. The building's layout is designed for efficiency and functionality, making it an attractive option for businesses seeking a well-maintained and easily manageable space. The property's location within a B-1 zoning district suggests a range of permitted commercial activities, offering potential buyers a wide spectrum of possibilities. The single-suite configuration simplifies operations and reduces overhead costs, making it an attractive proposition for both established businesses and startups. This property is an excellent choice for those seeking a straightforward, well-located commercial space with significant potential for growth and return on investment. The property's size and zoning make it suitable for a variety of commercial uses, offering a high degree of adaptability to meet the needs of a diverse range of businesses. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's single-tenant status provides stability and predictability in terms of income generation and management.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,240,000
- ML approach
- $4,105,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.7354
- Latitude
- 39.7569
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA