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2940 Constitution Drive Springfield, IL 62704 • Commercial - Retail • Active

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Description

Position your investment for success with this exceptional strip mall located in the highly sought-after Parkway Point Development on the west side. Offering five total units, four of which are currently occupied by long-standing, reliable tenants, this property provides immediate income with strong upside potential. You truly cant beat the location! Surrounded by major national retailers and popular local businesses including Target, Skyzone, Walmart, Crumbl, Starbucks, Portillos, The Crafted Stag Supply, and more. With high visibility, steady traffic, and a thriving commercial environment, Parkway Point continues to be one of the most desirable retail corridors in the area. Whether youre looking to expand your portfolio or secure a prime asset in a booming location, this is an opportunity you dont want to miss. Current Tenants include : The Music Shoppe, Treasure Hunt Deals, The Vaporium, and Deo Gratias Food Mart.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Available Sqft: 6335
Lot Size: 2.97 acres

General Information

County: Sangamon
Listed By:
The Real Estate Group, Inc. Pref: 217-638-1360
RMLSA
$2,500,000
Est. $16,360/mo
New to the Market Active
SQUARE FEET29,000 MLS#CA1043003
STATUSActive PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Shown By

Joe Lindsay
 (563) 650-0282

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2940 Constitution Drive, Springfield, IL 62704.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,500,000$2,500,000$2,500,000
Down Payment $87,500$0$500,000
Monthly Mortgage Amount $14,915$15,517$12,152
Taxes $3479$3479$3479
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,500$0$0
Monthly Estimated Total $20,623$19,725$16,360

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