2445 S 5TH ST Active Save Request In-Person Tour Request Virtual Tour
Springfield,IL 62703
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,227 sqft
Price per Sqft $71
MLS Listing ID CA1039214
Year Built 1977
Annual Tax Amount $9,150
Tax Year 2024
Lot Dimensions 132 X 182
Property Sub-Type Commercial
Source rmlsa
Property Description
Welcome to 2445 S. 5th St. in the heart of Springfield! This 5,227 sq ft commercial space has been completely updated and remodeled in the last few years and is ready for its new owner. Whether you are looking for an investment opportunity or a space for your business this is it. With an average daily traffic count of 12,700 and over 35 parking spaces this all brick building with a new metal roof in 2017 is in a prime location for visibility and access. Offering 3 total suites the interior of the building has seen a major overhaul with updated windows, flooring, lighting, ceilings and much more. The upstairs unit is currently being utilized as a hair salon with approx 2689 sq ft, 2 restrooms, LVP flooring, break room and office. Most of the fixtures in this unit can be sold with building at an additional cost. The lower level is split into 2 suites. One suite is currently leased by Bella Luna (1,073 sq ft approx) and features a lobby, sitting area, 4 offices with sinks and a break room. The Bella Luna Spa buildout was completed in 2019. The other suite (1,169 sq ft approx)is a blank slate that can be transformed in to anything. The lower level shares 2 restrooms that are accessed through a shared hallway. MAJOR UPDATES INCLUDE: 3 HVAC's in March of 2024, Half of the asphalt parking lot in Aug 2024, Roof, Windows and flooring in 2014-2017.
Location
State IL
County Sangamon
Area Springfield
Zoning R5B
Direction Corner of 5th St. & Iles
Interior
Heating Electric
Cooling Central Air
Flooring Carpet,Concrete,Tile
Fireplace N
Exterior
View true
Roof Type Metal
Total Parking Spaces 35
Garage 1
Building
Faces Corner of 5th St. & Iles
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Frame
Others
Tax ID 22-09.0-227-013
Security Features Yes