1425 E COOK ST Active

Springfield,IL 62703

$ 195000

- Bed

- Bath

7706 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,706 sqft

Price per Sqft $25

MLS Listing ID CA1032603

Year Built 1988

Annual Tax Amount $12,012

Tax Year 2023

Lot Size 0.790 Acres

Property Description

Seize this rare chance to own a freestanding retail building on a prime hard corner at a signalized intersection. Formerly a Family Dollar, this property offers maximum exposure with prominent signage, including facade and pylon visibility from both E. Cook St and S. 15th St, boasting 200 feet of frontage on Cook and 173 feet on 15th. The open floor plan, complemented by a small office and restrooms, provides a versatile blank canvas for any retail or service concept. Located in multiple incentive areas, including an enterprise zone, this property may qualify for valuable sales tax exemptions on building materials and property tax abatements?driving down renovation costs and boosting your bottom line. Take advantage of this rare opportunity to acquire an exceptional property in a high-traffic area at well below its fair market value ($407,625).

Location

State IL

County Sangamon

Area Springfield

Zoning B-1, S-2

Interior

Heating Forced Air,Gas

Cooling Central Air

Flooring Concrete

Exterior

View true

Roof Type Flat,Metal

Building

Sewer Public Sewer

Water City Water/Connected,Municipal/City

Structure Type Block,Brick

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