3111 Normandy Dr - Office FOR SALE


Springfield, IL 62703
$460,000 USD
714-721-1750
3111 Normandy Dr, Springfield, IL for Sale
$460,000 USD
Office - FOR SALE
1/51
null | Request Cap Rate

3111 Normandy Dr
Springfield, IL 62703


HIGHLIGHTS

  • Over 15,000 square feet situated on more than 2 acres supports operational flexibility and growth.
  • Well-maintained structure offers reduced near-term capital investment needs and long-term value.
  • Recently updated with newer roof, modern flooring, and upgraded mechanical systems for reliability.
  • Multi-unit property designed for office and retail use expands tenant mix opportunities.

OVERVIEW

This exceptional multi-unit commercial property presents an outstanding opportunity for investors or owner-occupants seeking a mix of office and retail income streams. Offering over 15,000 square feet on more than 2 acres, the building’s flexible configuration accommodates a variety of tenants and business types. The property has been meticulously maintained, featuring recent upgrades such as newer flooring, updated mechanical systems, and a newer roof, reducing long-term capital expenditures and ensuring operational efficiency. The site provides over 50 parking spaces, allowing easy access for tenants and visitors. Its layout is designed for adaptability, supporting businesses from professional offices to customer-facing retail. Positioned on a substantial lot, the property combines visibility, accessibility, and a strong foundation for future appreciation. This is a compelling acquisition for those seeking an income-generating asset with upside potential and long-term stability.

FOR SALE DETAILS

PRICE

$460,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Normandy Hill Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

B-1

APN/PARCEL ID

22-11.0-329-017

ASK ABOUT THIS PROPERTY

Joe EndzelisRE/MAX Professionals SpringfieldMore Info
714-721-1750

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Joe EndzelisRE/MAX Professionals SpringfieldMore Info
714-721-1750

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