1200 5TH Street, Springfield, IL, 62702
Coldwell Banker Commercial DevBasics
- Date added: Added 1 week ago
- Category: Commercial
- Type: Commercial Sale
- Status: Active
- Year built: 1950
- ListOfficeName: Coldwell Banker Commercial Dev
- LeaseTerm: Month To Month
- ListAOR: rmlsa
- MLS ID: RMACA1044811
Description
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Description:
Freestanding office/retail building located on a signalized corner lot with strong visibility, convenient access, and multiple points of ingress/egress (13,500 AADT along N Grand Ave E). The building has a flexible layout featuring open areas on each end, several smaller rooms, and a kitchenette near the center. A small clothing store currently occupies the building. Located within the Mid-Illinois Medical District, property benefits from nearby investment and redevelopment, including Advanced Medical Transport/Medics First’s new headquarters and clinical training facility, along with newer facilities for DaVita Kidney Care and KED Plasma. Also, the property falls within the Enos Park TIF District and an Enterprise Zone – call OPED to see if you could qualify for incentives related to building rehabilitation, business improvements, City property tax abatements, and building materials sales tax exemptions.
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Location
- CountyOrParish: Sangamon
- Directions: Northeast corner of N. 5th St & N Grand Ave E.
Building Details
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
