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1430 S 8th St

2,391 SF 100% Leased Office Building Springfield, IL 62703 £52,863 (£22/SF)

Investment Highlights

  • New roof installed in 2023
  • Located on a corner lot conveniently located less than 1 block off the busy S. Grand Ave

Executive Summary

Entire property now available for sale on a corner lot conveniently located less than 1 block off the busy S. Grand Ave. Free standing 2-story commercial property zoned B-1. Multiple office spaces can be split for multiple income opportunity. Offers 3 entrances to be able to split as needed. Some TLC needed, but a new roof was installed in 2023. Shed in the back will stay!

Property Facts

Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Office
Building Size
2,391 SF
Building Class
C
Year Built
1900
Price
£52,863
Price Per SF
£22
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,196 SF
Building FAR
0.39
Land Acres
0.14 AC
Zoning
B-1
Parking
6 Spaces (2.51 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-03.0-126-008
Land Assessment
£6,542
Improvements Assessment
£14,701
Total Assessment
£21,243
  • Listing ID: 30394353

  • Date on Market: 18/12/2023

  • Last Updated:

  • Address: 1430 S 8th St, Springfield, IL 62703

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