4531 Wabash AveSpringfield, IL 62711

Property Details for 4531 Wabash Ave

Lot size

1.23 AC

Property type

Commercial real estate

APN

21-11.0-382-013

APU

21110382013

Description

This exceptional commercial property, known as Yellowstone, presents a unique investment opportunity. Located in a B-1 zoned area and identified by APN 21-11.0382013, this single-tenant building offers 2,215 square feet of versatile space, ideal for a variety of businesses. The property's classification encompasses both office and retail uses, providing flexibility for potential occupants. The single-tenant occupancy ensures a streamlined management experience, minimizing complexities often associated with multi-tenant properties. The building's layout is designed for efficiency and functionality, making it an attractive option for businesses seeking a well-maintained and easily manageable space. The property's location within a B-1 zoning district suggests a range of permitted commercial activities, offering potential buyers a wide spectrum of possibilities. The single-suite configuration simplifies operations and reduces overhead costs, making it an attractive proposition for both established businesses and startups. This property is an excellent choice for those seeking a straightforward, well-located commercial space with significant potential for growth and return on investment. The property's size and zoning make it suitable for a variety of commercial uses, offering a high degree of adaptability to meet the needs of a diverse range of businesses. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's single-tenant status provides stability and predictability in terms of income generation and management.

• Alternative Use

  Use

  Valuation

  Residential

  $16,407,609

  Hospitality

  $15,029,281

  Educational

  $12,504,186

  Medical

  $12,934,224

  Retail

  $19,450,956

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.7569

Longitude

-89.7354

CBSA code

44100

CBSA name

SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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