Flexible Use Commercial Site at Signalized Intersection in the Mid-Illinois Medical District For Sale

SaleRetail 5,000 SF
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300 N Grand Ave W
Springfield, IL 62704
Price: $199,000
Available Space: 5,000 SF
Lot Size (acre): 0.81 AC
Zoning: B-1, Highway Business Service District
Year Built: 1999

Documents

Property Description

The property is currently Wubs Wash & Wax, a self-serve and automatic car wash, with a detached metal building that is currently a barbershop.  The car wash offers 6 self-serve wash bays, 2 automatic wash bays, 2 car vacuum stations, and an indoor office/service area.  The car wash roof was replaced in 2019.  There is a billboard on the property but does not generate income for the Seller.  The offering is priced below well its current fair market value ($259,731).

Location Description

Situated at a signalized intersection along North Grand Avenue, the building offers excellent visibility, accessibility, and multiple points of ingress and egress. The property provides flexibility for continued car wash operation or redevelopment—whether it be QSR, coffee, c-store, auto, medical, banks, or discount retail.  Located within Springfield’s Medical District, this corridor has long served as a major commercial and transportation artery. The area continues to experience strong growth with recent developments, including Advanced Medical Transport/Medics First’s new headquarters and clinical training facility in partnership with Memorial Health and Illinois State University’s Mennonite College of Nursing (2022–23), as well as newer facilities for DaVita Kidney Care (2018–19) and KED Plasma (2021).

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