For Lease
$14/SF/YR

427 Monroe St Springfield, IL 62701

Prime Springfield location, 6,000 sq ft, flexible layout.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional commercial property at 427 Monroe Street in Springfield, Illinois (APN 14340107051) offers a unique investment opportunity. The property, zoned S-3, encompasses a 6,000 square foot building situated on a single-tenant land parcel. Currently configured as a bar/restaurant, the space boasts a highly desirable downtown location at the corner of 5th and Monroe Streets. The interior features an open floor plan, perfect for entertainment venues or adaptable to various commercial uses. The existing layout includes two separate bar areas, a stage, and provides ample space for customization. Adding to its appeal are two outdoor seating areas, ideal for expanding operations and creating a vibrant atmosphere. The building consists of a single suite, offering flexibility for a single large tenant or the potential for division into smaller spaces. This property presents a rare chance to acquire a well-located, versatile commercial space in a thriving downtown area. The property's size and layout offer significant potential for a variety of businesses. Serious inquiries are encouraged.

Highlights

  • 6,000 square foot building on a single-tenant parcel in Springfield, IL (APN 14340107051).
  • S-3 zoning.
  • Desirable downtown location at 5th and Monroe Streets.
  • Currently configured as a bar/restaurant with open floor plan, two bar areas, and a stage.
  • Features two outdoor seating areas.
  • Single suite, adaptable for various commercial uses.

Property Details for 427 Monroe St

Property type
Office properties, Land
RSF (Rentable sq. ft)
6,000 SF

Unit(s) available at that property

Space
Ground level
Size
6,000 SF
Rate per SF
$14

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7996318
Longitude
-89.6496353
427 Monroe St, Springfield, Illinois

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FAQs

What type of property is this?
Office property - Prime Springfield location, 6,000 sq ft, flexible layout.
Where is the office property located?
The property is located at 427 Monroe St Springfield, IL.
What is the lease rate?
The lease rate is $14/SF/YR.
What are key features of this property?
This property features: 6,000 square foot building on a single-tenant parcel in Springfield, IL (APN 14340107051).; S-3 zoning.; Desirable downtown location at 5th and Monroe Streets.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Curtis Tillett
Curtis Tillett
Visit Broker Website

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Useful Information

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Monroe St
Springfield, IL 62701

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Monroe St
Springfield, IL 62701

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

427 Monroe St
  • Curtis Tillett
    Curtis Tillett
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