509-511 W Capitol Ave - Office FOR SALE


Springfield, IL 62704
$3,520,000 USD
217-441-8000
509-511 W Capitol Ave, Springfield, IL for Sale
$3,520,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

509-511 W Capitol Ave
Springfield, IL 62704


HIGHLIGHTS

  • Secure underground parking
  • Recently updated finishes inside, including Fiber data cable.

OVERVIEW

Amazing location with on site surface & secure underground garage parking. This investment property is near the State of Illinois Capitol Building, with 3 stories of +/- 43,000 office space. Interior finishings include brand new quality carpet, marble halls, freshly painted dry wall, acoustical tile ceiling, ADA restrooms, two four-stop elevators, and newly installed fiber data cable and security system.  This solid brick 35 year old building is nicely landscaped with ADA accessibility and both surface or underground parking. Imagine being able to park in a secure environment, out of the cold or rain, just steps from the State Capitol! Owner is open to leasing. Co brokerage with Seppi-Kent, Broker Owned.

FOR SALE DETAILS

PRICE

$3,520,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

R-5

APN/PARCEL ID

14-33.0-206-018

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.