2208 W Springfield Ave - Retail FOR SALE


Champaign, IL 61821
$950,000 USD
217-352-7712
2208 W Springfield Ave, Champaign, IL for Sale
$950,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

2208 W Springfield Ave
Champaign, IL 61821


OVERVIEW

Property Description The subject property is a twelve bay self-service car wash. Located in the middle of the building is storage, mechanical/maintenance room and one restroom. The building is a block building constructed in 1979 and totals 7,680 SF. The building has 3-Phase, 600 amp service. There may be a need for a cross-access parking agreement with 2206 W. Springfield next door to the east. *Six of the twelve bays were not operable in 2023 and part of 2024. All twelve bays were operable as of August 2024. This property can also be purchased along with 2206 W. Springfield Ave. NOI: 2024- $108,346* 2023- $184,858* 2022- $192,711 2021- $198,209

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

CAR WASH

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CG

APN/PARCEL ID

412010451027

ASK ABOUT THIS PROPERTY

Zach WetherellColdwell Banker Commercial Devonshire RealtyMore Info
217-352-7712

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Zach WetherellColdwell Banker Commercial Devonshire RealtyMore Info
217-352-7712

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