Dan DePorter
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
±4,413 SF FREESTANDING RETAIL / RESTAURANT OPPORTUNITY ±0.70 Acres | Former Hardees | Existing Drive-Thru | $975,000 EXECUTIVE SUMMARY 1700 Wabash Avenue presents an exceptional opportunity to acquire a highly visible, freestanding commercial configuration provides an ideal foundation for a new food-and-beverage operator, while the building and site also offer flexibility for repositioning, adaptive reuse, or lease-up to a new tenant. Offered at $850,000 the property is well suited for an owner-user or investor seeking a well-located Central Illinois commercial asset with strong surrounding retail fundamentals. INVESTMENT HIGHLIGHTS ¢ ±4,413 SF freestanding commercial building ¢ ±0.70-acre parcel ¢ Former Hardees restaurant location ¢ Existing drive-thru infrastructure ¢ Monument signage ¢ Ample on-site parking ¢ Highly visible location along Wabash Avenue ¢ Daily traffic counts exceeding 25,000 vehicles ¢ Located near the intersection of Wabash Avenue and Chatham Road ¢ Strong surrounding national and regional retail presence ¢ Excellent opportunity for owner-user, investor, or new operator ¢ Potential for repositioning, adaptive reuse, or re-tenanting ¢ Offered at $850,000 PREMIER RETAIL CORRIDOR The property is strategically located along Wabash Avenue, one of Springfields most prominent commercial corridors. The area benefits from substantial daily traffic. Nearby national tenants include: ¢ Target ¢ Lowes ¢ ALDI ¢ Panera Bread ¢ Chick-fil-A ¢ Starbucks
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Available Sqft: 4413
General Information
County: Sangamon
Listed By:
The Real Estate Group, Inc.
Offc: 217-787-7000
RMLSA
MLS ID: CA1046199
Shown By
Get in Touch
Shown By
Contact an agent to learn more about
1700 Wabash Avenue, Springfield, IL 62704.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $850,000 | $850,000 | $850,000 |
| Down Payment | $170,000 | $29,750 | $212,500 |
| Monthly Mortgage Amount | $4,298 | $5,207 | $5,337 |
| Taxes | $1183 | $1183 | $1183 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $374 | $0 |
| Monthly Estimated Total | $5,729 | $7,012 | $6,768 |
Dan DePorter
REALTOR®
Office: (309) 743-8000
Cell: (309) 738-9333
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agent License Information: Licensed in IL