1700 WABASH Avenue Springfield, IL 62704

Other MLS #: CA1046199 Courtesy Of The Real Estate Group, Inc.

Property InformationDescription

+/-4,413 SF FREESTANDING RETAIL / RESTAURANT OPPORTUNITY +/-0.70 Acres | Former Hardee's | Existing Drive-Thru | $975,000 EXECUTIVE SUMMARY 1700 Wabash Avenue presents an exceptional opportunity to acquire a highly visible, freestanding commercial configuration provides an ideal foundation for a new food-and-beverage operator, while the building and site also offer flexibility for repositioning, adaptive reuse, or lease-up to a new tenant. Offered at $850,000 the property is well suited for an owner-user or investor seeking a well-located Central Illinois commercial asset with strong surrounding retail fundamentals. INVESTMENT HIGHLIGHTS - +/-4,413 SF freestanding commercial building - +/-0.70-acre parcel - Former Hardee's restaurant location - Existing drive-thru infrastructure - Monument signage - Ample on-site parking - Highly visible location along Wabash Avenue - Daily traffic counts exceeding 25,000 vehicles - Located near the intersection of Wabash Avenue and Chatham Road - Strong surrounding national and regional retail presence - Excellent opportunity for owner-user, investor, or new operator - Potential for repositioning, adaptive reuse, or re-tenanting - Offered at $850,000 PREMIER RETAIL CORRIDOR The property is strategically located along Wabash Avenue, one of Springfield's most prominent commercial corridors. The area benefits from substantial daily traffic. Nearby national tenants include: - Target - Lowe's - ALDI - Panera Bread - Chick-fil-A - Starbucks
MORTGAGE CALCULATOR

Features

  • Cooling System: Central Air
  • Exterior Type: Brick
  • Exterior Type: Frame
  • Exterior Type: Glass
  • Floor Covering: Tile
  • Floors: 1
  • Heating System: Forced Air
  • Legal Description: PT NW1/4 SW1/4 8-15-5 (175 X 175)
  • MLSID: CA1046199
  • Roof Type: Flat

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1700 WABASH Avenue, Springfield, IL 62704
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