$375,000

2445 S 5TH Street, Springfield, IL 62703

5,227 sqft

Commercial Property
Built in 1977
0.55acre lot
—— car garage
$72/sqft
Listed 1 month ago

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.

Listing Status:: Active
Listing Office:: Campo Realty, Inc. : 217-625-4663
Listing Agent:: Dominic Campo : 217-622-5106
MLS ID:: CA1039214

Flooring: CarpetConcreteTile
A/C: Central Air
Heating: Electric

Parking: Parking spaces: 35

Roofing: Metal
General: TwoMulti-Tenant

Road/Access: Corner LotCity Street
Originating MLS: rmlsa
County: Sangamon

Zoning: R5BN 85' OF E 132' OF LOT 7 & 8 ILES JUNCTIONS 97' OF E 132' LOTS 7 & 8 ILES JUNCTION22-09.0-227-013

Water: Municipal/City
Sewer: Public Sewer

Source: rmlsa

This listing courtesy of Dominic Campo, Campo Realty, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Black Hawk Elementary School

2500 S College St, Springfield, IL, 62704

Grades KG-5

0.32 miles away

Benjamin Franklin Middle School

1200 Outer Park Dr, Springfield, IL, 62704

Grades 6-8

1.14 miles away

Lawrence Education Center

101 E Laurel St, Springfield, IL, 62704

Grades 9-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.