2900 Ridge Ave - Auto Dealership FOR SALE


Springfield, IL 62702
$149,000 USD
217-547-6650
2900 Ridge Ave, Springfield, IL for Sale
$149,000 USD
Auto Dealership - FOR SALE
1/22
null | Request Cap Rate

NEW


2900 Ridge Ave
Springfield, IL 62702


HIGHLIGHTS

  • Just off North Dirksen Pkwy (14,300 AADT)
  • Near O'Reilly Auto Parts, Casey's, and Dollar General
  • Front of the Building = Showroom
  • Back of the Building = Shop, Access to 7’t x 8’w overhead garage door
  • Carport + Detached Sheds included
  • Priced well below fair market value ($251,856)

OVERVIEW

This 4,236 SF masonry and block building, constructed between 1970 and 1985, offers a highly adaptable layout and excellent value for a wide range of business uses. The front of the building features a small reception or customer service area that flows into a large, climate-controlled showroom — perfect for retail or display space. Behind that, a middle section could serve as a workroom, production area, or storage and includes access to a restroom. At the rear is a spacious shop area with suspended heaters and a 7’t x 8’w overhead garage door. Outside, the property includes partial fencing, a carport, and two detached storage sheds. Priced well below market value at $251,856, this is a great opportunity for a buyer to secure a highly functional commercial property in a decent area without overpaying.

FOR SALE DETAILS

PRICE

$149,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Affordable & Flexible Building For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

B-1

APN/PARCEL ID

14-24.0-380-008,14-24.0-380-016

ASK ABOUT THIS PROPERTY

Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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