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    401 E Washington

    Springfield, IL 62701
    • $1,200,000
    • STATUS: Active
    • ON SITE: 470 days
    • ID#: CA182549
    UPDATED: 43 min ago
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 24,000
      SQFT
    • $50
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    FOR SALE or LEASE - 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 (opening by Aug 2018), 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 *Special Offer* The owner is offering the first 3 months of rent FREE for minimum 3-yr leases for 2nd or 3rd floor space signed in 2019. *Special Offer* The owner is offering the first 3 months of rent FREE for minimum 3-yr leases for 2nd or 3rd floor space signed in 2019.

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    © 2020 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 Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2020-09-24T18:44:56.667.
    www.brysonsmithteam.com/homes/95766163
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    401 E Washington Springfield, IL 62701

    • Price: $1,200,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: CA182549
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    24,000
    SQFT
    $50
    $/SQFT
    Neighborhood:
    Springfield
    County:
    Sangamon
    Area:
    Springfield
    Property Description
    FOR SALE or LEASE - 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 (opening by Aug 2018), 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 *Special Offer* The owner is offering the first 3 months of rent FREE for minimum 3-yr leases for 2nd or 3rd floor space signed in 2019. *Special Offer* The owner is offering the first 3 months of rent FREE for minimum 3-yr leases for 2nd or 3rd floor space signed in 2019.
    Property Features

    Annual Taxes 0 For Lease Yes For Sale Yes Foreclosure No Lease Type Gross Sale Rent For Sale Short Sale No Type Commercial/Cie Zoning S-3

    Listing provided courtesy of Todd Smith of Todd P Smith Real Estate.
    © 2020 RMLS Alliance, LLC. All Rights Reserved.


    © 2020 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 Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2020-09-24T18:44:56.667.
     
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