1533 WABASH AVE Active

Springfield,IL 62704

$ 550000

- Bed

- Bath

8364 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,364 sqft

Price per Sqft $65

MLS Listing ID CA1030885

Annual Tax Amount $14,850

Tax Year 2023

Lot Size 0.580 Acres

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.

Location

State IL

County Sangamon

Area Springfield

Zoning B-1

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet,Concrete

Exterior

View true

Roof Type Composition Shingle

Building

Building Description Block,Frame, Cable

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Frame

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