421 Grand AveSpringfield, IL 62704

Property Details for 421 Grand Ave

Lot size

1.09 AC

Property type

Commercial real estate

APN

14-33.0-456-053

APU

14330456053

Description

This exceptional commercial property, located at 421 South Grand Avenue West, Suite 2C & 2D, offers ±4,724 square feet of single-tenant office space. Currently available for lease, this move-in ready suite boasts ten private offices, a conference room, breakroom, data room, and private restrooms. The space features separate HVAC systems and new LED lighting for energy efficiency and comfort. Approximately 1,900 contiguous square feet are also available within the larger suite. The monthly rent is $5,315.00, plus utilities and janitorial services. Attractive lease incentives are available: six months free rent for a 66-month lease or three months free rent for a 39-month lease. The building enjoys a prime location with abundant parking and is conveniently situated near downtown. The property benefits from a desirable tenant mix, including BFW Engineers, One Hope United, and Bottomline Bookkeeping, and offers numerous amenities such as an atrium, a strong tenant profile, and building security with cameras. This is an excellent opportunity for a business seeking a well-appointed, conveniently located office space.

• Alternative Use

  Use

  Valuation

  Residential

  $14,539,899

  Hospitality

  $13,318,470

  Educational

  $11,080,810

  Medical

  $11,461,896

  Retail

  $17,236,816

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.7874

Longitude

-89.6594

CBSA code

44100

CBSA name

SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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