227 E Adams St - Flex FOR SALE


Springfield, IL 62701
$795,000 USD
217-441-8000
227 E Adams St, Springfield, IL for Sale
$795,000 USD
Flex - FOR SALE
1/27
null | Request Cap Rate

227 E Adams St
Springfield, IL 62701


OVERVIEW

A rare opportunity in Downtown Springfield, IL with so many possibilities! Drive up to the covered canopy entrance, then make use of the many designated areas within the building. A beautiful reception area leads into the two-story main hall and mezzanine with a wall of arched windows that overlooks one of the three outdoor patio areas with a water fountain. There is onsite parking and the spaces throughout the building include large and small gathering spaces, offices, entertainment areas, a main kitchen, other smaller kitchen work spaces, and two elevators. This property has a wonderful atmosphere, blending sophistication with functionality. Property being sold by judicial order and any sale shall be subject to court approval. Broker is the court appointed special selling officer. FF&E is not included in the sale. The real property is being sold "as is", "where is" and "with all faults", without any representation or warranty whatsoever as to its condition, status of title, fitness for any particular purpose, merchantability or any other warranty, express, or implied.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sangamo Club Building

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Bar, Restaurant, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83

LAND SF

36,155

ZONING

S-3

APN/PARCEL ID

14-34.0-102-037

ASK ABOUT THIS PROPERTY

Todd SmithTodd P Smith Commercial Real EstateMore Info
217-441-8000

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Todd SmithTodd P Smith Commercial Real EstateMore Info
217-441-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.