Map of Property

Centre@501

For Sale

501 East Capitol Avenue, Springfield, IL 62701

This Springfield property for sale is located at 501 East Capitol Avenue. The general use of Centre@501 is other and it incorporates 38,477 square feet of class A other space. The current listed sale price for Centre@501 is $3,350,000.

Contacts

broker
Melissa Gates

KW Commercial | Garrison Group

Property Details

  • Property Type Other
  • Property Size 38,477 SF
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1854
  • Year Renovated 2019
  • Date Updated Sep 23, 2025

Rare opportunity to own a fully leased, mixed use masterpiece in the heart of downtown Springfield IL. Originally constructed in 1854 as the First United Methodist Church,

this iconic structure has stood as a pillar of architectural heritage for decades. Thoughtfully rehabilitated in 1978 and again in 2019. It now offers a seamless blend of historic charm and

contemporary living. 25 apartments, each with in unit washer and dryers, Island, large full bathroom, updated appliances, with every unit offering a different floorplan. A high sought after living

with a continued waitlist. 3 separate office spaces, 2 currently with long term lease agreements and 1 empty shell. A turnkey investment totaling at 37,180 sqft. Full basement with a full

kitchen, bathrooms, and more! This space has a ton of additional potential. Whether you're drawn to its storied past or its strong financial future, this building delivers both character and

performance. A cornerstone of Springfields urban fabric, ready for its next visionary owner.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 82/100

    Walk Score ®

  • 49/100

    Transit Score ®

  • 76/100

    Bike Score ®

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Location

  • City Springfield, IL
  • Neighborhood Downtown Springfield
  • Zip Code 62701

Points of Interest

  • Springfield

    0.30 miles

  • Marathon

    0.37 miles

  • Citgo

    0.81 miles

  • Moto Mart

    0.83 miles

  • Gas Depot

    1.08 miles

  • Qik-N-EZ

    1.19 miles

  • BP

    1.27 miles

  • Casey's General Store

    1.33 miles

  • Express Mart

    1.60 miles

  • Circle K

    1.61 miles

  • Mobil

    1.68 miles

  • Herndon Parking Ramp

    0.07 miles

  • Christ Church Parking

    0.13 miles

  • Municipal Parking Deck

    0.17 miles

  • Lincoln Home Parking

    0.18 miles

  • Municipal Parking

    0.23 miles

  • Bank of Springfield Center Parking

    0.23 miles

  • Sangamon County Parking Lot

    0.25 miles

  • Elijah Iles House Visitor Parking

    0.31 miles

  • Dana-Thomas House Parking

    0.34 miles

  • Monthly Parking

    0.35 miles

  • Wyndham Springfield City Centre

    0.19 miles

  • Mansion View Inn

    0.21 miles

  • President Abraham Lincoln Hotel, Doubletree by Hilton

    0.22 miles

  • State House Inn, Trademark Collection by Wyndham

    0.34 miles

  • Statehouse Inn

    0.35 miles

  • Inn at 835

    0.50 miles

  • Pasfield House Inn

    0.56 miles

  • Carpenter Street Hotel

    0.57 miles

  • Howard Johnson Inn & Suites Springfield

    1.82 miles

  • Super 8 by Wyndham Springfield East

    2.42 miles

  • The Keep Store

    0.19 miles

  • County Market

    0.58 miles

  • Humphrey's Market

    1.33 miles

  • Save-A-Lot

    1.66 miles

  • Robert's Seafood Market

    1.82 miles

  • Hy-Vee

    1.93 miles

  • JCPenney

    2.23 miles

  • Little World International

    2.44 miles

  • Schnucks

    2.57 miles

  • Big Lots

    3.35 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Melissa Gates

KW Commercial | Garrison Group

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