1295 TORONTO Road, Springfield, IL, 62707
1295 TORONTO Road, Springfield, IL, 62707Basics
- Date added: Added 4 weeks ago
- Category: Commercial
- Type: Commercial Sale
- Status: Active
- Lot size: 32309.96 sq ft
- ListOfficeName: RE/MAX Professionals
- LeaseTerm: Not Applicable
- ListAOR: rmlsa
- MLS ID: RMACA1041017
Description
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Description:
Rare opportunity to acquire a package deal consisting of (2) established Subway® franchise locations and (1) multi-tenant commercial building. All assets are being sold together and offer strong visibility, steady traffic, and proven locations. Subway Location #1 is strategically positioned adjacent to Interstate 55 and directly serving University of Illinois Springfield (UIS) and Lincoln Land Community College (LLCC). This sparkling-clean location is situated in a well-maintained strip center with excellent exposure and consistent student, commuter, and local traffic. Subway Location #2 is located near the Illinois Army National Guard, Illinois State Fairgrounds, Lanphier High School and the newly constructed football stadium (all about 4 minutes away) providing outstanding year-round traffic drivers from military, state events, sports, and entertainment activities. The commercial building, located on the same parcel as Subway Location #1, features three (3) income-producing tenants, offering additional investment stability and diversified revenue streams. This offering is ideal for investors or owner-operators seeking a turnkey food service and commercial real estate investment in high-demand areas. Sale includes the Subway franchise(s); buyer must receive Subway® approval. Additional Billboard income from Subway #1 property is approx $300 a month.
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Location
- CountyOrParish: Sangamon
- Directions: Toronto Rd Near I55 and UIS Campus. 2nd Parcel is 630 E North Grand Ave.
Building Details
- NewConstructionYN: No
- Heating: Forced Air, Natural Gas
- Exterior material: Block, Brick
- Roof: Composition Shingle
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
