Contact us: 563.441.1776
Description
43,000 SF value-add retail center prominently located along Wabash Ave within Springfields primary west-side retail corridor. The center features two large end-cap spaces available for lease: the former JoAnn Fabrics at 3051 Wabash and a vacant shell space at 3057 Wabash. Together, the vacancies provide more than 40,000 SF of flexible retail, showroom, service, or other commercial space, with loading capabilities, high ceilings, substantial parking, and strong visibility. Bard Optical provides established in-place tenancy through June 2031. The center is surrounded by a strong mix of national and regional retail, dining, and consumer-service uses, with convenient access to Wabash Ave and Veterans Pkwy.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Available Sqft: 40614
Year Built: 1995
Lot Size: 3.64 acres
General Information
County: Sangamon
Listed By:
Coldwell Banker Commercial Dev
RMLSA
MLS ID: CA1047740
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3051-3057 Wabash Avenue, Springfield, IL 62704.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,800,000 | $2,800,000 | $2,800,000 |
| Down Payment | $98,000 | $0 | $560,000 |
| Monthly Mortgage Amount | $18,061 | $18,789 | $15,091 |
| Taxes | $3897 | $3897 | $3897 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,681 | $0 | $0 |
| Monthly Estimated Total | $24,456 | $23,503 | $19,805 |
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