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1533 Wabash Avenue

Springfield, IL 62704
  • $550,000
  • STATUS: Active
  • ON SITE: 127 Days
  • ID#: CA1030885
UPDATED: 39 min ago
$550,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Explore an outstanding investment opportunity with this fully leased commercial property located off Wabash Ave in Springfield, IL. Positioned in a prime location with a traffic count of 25,400. This property is fully leased, making it a wonderful addition to your portfolio. With tenants comprised of two retail businesses, a billboard and parking rent from a nearby company, this property generates strong monthly income. Additionally, tenants benefit from the current sales tax rate of 8.25% which further enhances its appeal as a retail location. Sale includes the real estate only and does not include any business interest. FF&E not included in sale.

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-12-07T11:45:01.873.
www.kathygarst.com/homes/153182812
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1533 Wabash Avenue Springfield, IL 62704

  • Price: $550,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 39 min ago
  • ID#: CA1030885
0
Beds
0
Baths
0
½ Baths
0.58
Acres
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
Explore an outstanding investment opportunity with this fully leased commercial property located off Wabash Ave in Springfield, IL. Positioned in a prime location with a traffic count of 25,400. This property is fully leased, making it a wonderful addition to your portfolio. With tenants comprised of two retail businesses, a billboard and parking rent from a nearby company, this property generates strong monthly income. Additionally, tenants benefit from the current sales tax rate of 8.25% which further enhances its appeal as a retail location. Sale includes the real estate only and does not include any business interest. FF&E not included in sale.
Exterior Features

Construction Materials BlockFrame Roof Composition Shingle

Interior Features

Building Area Total 8364 Building Features Cable Cooling Central Air Flooring CarpetConcrete Heating Forced Air

Property Features

100 Year Flood Plain No Agent Owned No Frontage Type City StreetPaved 4LaneState Road Irregular Lot YN No Levels One Lot Size Dimensions approx 140' x 180' Lot Size Remarks 140' of frontage on Wabash Avenue. Possible Use Retail Sewer Public Sewer Sprinkler YN No Tax Annual Amount 14850.06 Tax Year 2023 Type Commercial Water Source Municipal/City Zoning B-1

Listing provided courtesy of Todd Smith of Todd P Smith Real Estate: Office: 217-441-8000.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2024-12-07T11:45:01.873.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711