Address
400 South Avenue, Springfield, MO
Price
$ 1,100,000
Property Attributes
  • MLS#60252736
  • TypeCommercial
  • CountyGREENE
  • CitySpringfield
  • NeighborhoodSpringfield Orig Plat
  • Zip65806
  • StyleOffice
  • Taxes$ 24132
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size4,792 SqFt
Data Source:
Southern Missouri Regional MLS (SOMO)
Property Description

Great investment opportunity located in the heart of Downtown Springfield on one of the busiest intersections. This property is listed at a current 8 cap with 2 remaining units available for lease. When the last 2 remaining leases are occupied it will be at an 11 cap! High visibility on a corner of Walnut and South Ave, this property is surrounded by so many well known business: Bruno's, Black Sheep, Pappo's, Gailey's, Springfield Little theater and soon to be the Moxy Hotel developed by O'Reilly hospitality which is sure to bring in a new surge of customers.

Price History
9/27/2023 Listed $1,100,000

General Features

Lease Type Other
Status Active
Full Baths 6.00
Subdivision Springfield Orig Plat
Construction Status None
Type Office
Property Type E
Transaction Type Sale
Tax Year 2021
Inside City Limits Yes
Legal Description O P OF SPFD N 50.5 FT W 94 FT LOT 60 BLK 17 & BEG NW COR LOT 60 E 95 FT N .45 FTWLY 95 FT S TO BEG
Foreclosure/Short Sale No

Interior Features

SqFt - Vacant 2600.00
SqFt - Retail Space 0.00
SqFt - Office Space 13675.00

Exterior Features

Waterfront/View None
Lake/River None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 65806

Price
AVG $810K
$1.1M
Taxes
AVG $10,283
$24,132
Visits
AVG 100
179
Data Provided by Inside Real Estate®
Walkscore
AVG 80
94
Data Provided by Walkscore® not using MLS data

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