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Listing Details

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School Ratings & Info

Description

FOR SALE or LEASE - Own a piece of History! Investment/Redevelopment Opportunity! Get in on the revitalization of Downtown Springfield, IL. In the last few years: 30 new businesses & nearly 200 new residential units have been/are being developed (source: DSI), Kidzeum of Health & Science Museum, Farmer's market, new parks and gathering spaces, & much more. Within 1 block; Farmer's Market, mass transit, Old State Capitol. Opportunity for a mixed-use project! See attached documents for potential residential redevelopment. Currently finished as office space throughout. Located in a TIF District. First floor is being offered at $9.50/sf Second and Third floors are $9.00/sf Tenant is responsible for telephone/wifi, internal janitorial

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© 2021 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: 2021-09-18T23:44:54.323.
www.kathygarst.com/homes/95766163
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401 E Washington Street Springfield, IL 62701

  • Price: $995,000
  • Status: Active
  • ID#: CA182549
0
Beds
0
Baths
0
½ Baths
N/A
Acres
24,000
SQFT
$41
$/SQFT
1890
Built
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
FOR SALE or LEASE - Own a piece of History! Investment/Redevelopment Opportunity! Get in on the revitalization of Downtown Springfield, IL. In the last few years: 30 new businesses & nearly 200 new residential units have been/are being developed (source: DSI), Kidzeum of Health & Science Museum, Farmer's market, new parks and gathering spaces, & much more. Within 1 block; Farmer's Market, mass transit, Old State Capitol. Opportunity for a mixed-use project! See attached documents for potential residential redevelopment. Currently finished as office space throughout. Located in a TIF District. First floor is being offered at $9.50/sf Second and Third floors are $9.00/sf Tenant is responsible for telephone/wifi, internal janitorial
Exterior Features

Lot Dimensions 100 X 95

Interior Features

Building Size Sqft 24000

Property Features

Annual Taxes 15813 For Lease Yes For Sale Yes Foreclosure No Lease Type Gross Net Operating Income 0 Sale Lease Includes BuildingLand Sale Rent For Sale Short Sale No Terms Lease 3 Years Type Commercial/Cie Type1 Office Zoning S-3

Listing provided courtesy of Todd Smith of Todd P Smith Real Estate.
© 2021 RMLS Alliance, LLC. All Rights Reserved.


© 2021 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: 2021-09-18T23:44:54.323.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711