3220 Stanton Street | Southeast Springfield Corridor | ±3.23 AC | ±45,000 SF | B‑2 Zoning | Flex/Retail Redevelopment Opportunity
3220 Stanton Street, Springfield, IL 62703Sale Type
Live Bid
Starting Bid
$325,000
- Property Type
- Retail
- Year Built
- 1957
- Square Feet
- 45,000
Sale Type
Live Bid
Starting Bid
$325,000
- Property Type
- Retail
- Year Built
- 1957
- Square Feet
- 45,000
Overview
Facts
3220 Stanton Street presents a compelling value-add opportunity in Springfield, offering a flexible footprint ideal for a wide range of commercial uses. Originally operated as a bowling alley, the property has already been stripped to shell condition — giving investors and users the ability to design a fully custom build-out tailored to their business model.
The location, frontage, and significant on-site parking create strong upside for a retail conversion, making this an excellent candidate for showroom retail, fitness, medical clinic, specialty retail concepts, or destination retail tenants.
The building structure and site layout also support flex and industrial-style uses, such as last-mile distribution, light manufacturing, assembly, storage, warehousing, or service-based operations. This flexibility is particularly valuable in a market like Springfield where new supply is limited, and quality conversion opportunities are scarce.
- Property Highlights
- 45,000 SF on ±3.23 Acres — former bowling alley converted to shell condition, ready for redevelopment
- B-2 General Business Zoning allows retail, showroom, flex, warehouse, service commercial, and light industrial without rezoning
- Generous Parking — ±200 surface spaces (4.44 / 1,000 SF) supporting high-traffic retail, fitness, medical, or multi-tenant conversion
- Open-Span Layout with multiple entry points — ideal for single-tenant user or multi-tenant split
- Clear Height ±13’
- 1957 construction / refreshed 2019 (roof, façade, paint, doors, parking, bathrooms upgrades)
- Strategic South Springfield Location — immediate access to major highways and dense residential trade area
- Strong Market Fundamentals — Springfield industrial vacancy ~2%–3% and positive retail absorption with limited new construction, driving value-add upside
- Location Advantages
- Visibility & Access — just off Adlai Stevenson Drive (20,600+ VPD) and minutes to I-55 / I-72 interchange
- Retail Corridor surrounded by national anchors: Walmart Supercenter, Aldi, Big Lots, Dollar Tree, Walgreens, multiple QSRs
- Demographics — 108,000+ residents within 5 miles, median HH income ±$57K supporting service retail, destination retail, and flex demand
- Asset Type
- Flex/Retail · Retail
- Year Built
- 1957
- Building Size
- 45,000 SF
- Lot Size
- 3.23 AC
- Zoning
- B2
- Parcel
- 22-14.0-106-002