1300 Toronto RdSpringfield, IL 62712

Property Details for 1300 Toronto Rd

Lot size

1.79 AC

Property type

Commercial land

APN

22-34.0-201-005

APU

22340201005

Description

This exceptional Springfield, IL commercial property at 1300 Toronto Road offers 8,000 square feet of land zoned B-1, perfect for office space. Currently a single-tenant building, it presents an exciting opportunity for expansion with a proposed 8,000 sq ft extension. The flexible design allows for customized construction to meet specific tenant needs. The property boasts excellent visibility and ample parking, situated in a high-traffic area experiencing significant growth. Enjoy convenient access to a variety of amenities within a half-mile radius, including UIS, popular restaurants (McDonald's, Cracker Barrel, Wendy's), banks, and convenience stores. Furthermore, Lake Springfield, shopping centers, and three subdivisions are all within a mile, adding to the dynamic and thriving community. Detailed traffic and demographic data are available upon request. The lease is a modified gross structure. This prime location offers unparalleled potential for businesses seeking a strategic presence in a rapidly developing area of Springfield.

• Alternative Use

  Use

  Valuation

  Residential

  $23,877,528

  Hospitality

  $21,871,688

  Educational

  $18,196,988

  Medical

  $18,822,810

  Retail

  $28,306,424

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.7129

Longitude

-89.6359

CBSA code

44100

CBSA name

SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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