For Sale
$3,900,000

740 Ash St Springfield, IL 62703

36,631 SF Office, Vacant, $3.9M

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Class A, 36,631 square foot office building in Springfield, Illinois, is available for sale at $3,900,000. Built in 1965 with major renovations and additions in 2008, the property boasts high-end finishes throughout. The single-story building sits on a 2.39-acre lot and offers 135 parking spaces. Its features include a fully operational wet sprinkler system, a robust 450 AMP 3-phase electric supply, and a 7' x 7' roll-up door. Located in the S-2 Community Shopping & Office District, this property enjoys excellent visibility and accessibility, with proximity to Interstate 55 & 72, the Springfield Clinic Main Campus, and historic landmarks. Previously housing state government offices for three decades, this location is ideal for institutional entities or large-scale end-users. The property is situated in an Enterprise Zone, offering potential tax benefits. The Net Lease (NNN) property is currently vacant and presents a unique opportunity for a buyer to customize the space to their specific needs. The asking price per square foot is $106.47. The address is 740 E Ash St, Springfield, IL 62703.

Highlights

  • Exceptional freestanding building.
  • Major addition and renovation completed in 2008.
  • High-end interior finishes throughout.
  • Abundant parking with significant space and expansion potential.
  • Convenient location near downtown, medical facilities, and historic sites.
  • Located in an Enterprise Zone.

Property Details for 740 Ash St

Property type
Office properties, Medical offices
Square Feet
36,631 SF
Class
A
Year Built/Renovated
1965/2008
Buildings
1
Stories
1
Lot Size (sq. ft)
104,108 SF

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.779220613298
Longitude
-89.646677952895

FAQs

What type of property is this?
Office property - 36,631 SF Office, Vacant, $3.9M
Where is the office property located?
The property is located at 740 Ash St Springfield, IL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Exceptional freestanding building.; Major addition and renovation completed in 2008.; High-end interior finishes throughout.
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.
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740 Ash St
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