2001 N Broadway Ave
Springfield, MO 65803
Freeman Building · Office Property For Sale

8,000 m/l square feet in main building plus detached 1,500 shop building. Woodland Heights neighborhood. Completely updated and 100% occupied. $3,900 per month in rents. Historic Freeman Building-The loft alone is a HUGE 3,800 square foot loft with three bedrooms, three bathrooms, theater, four living rooms (yes, four living areas!) and a huge kitchen with large 8 person island. The theater is currently used as a fourth bedroom. This loft is one of the largest in Springfield and super easy to keep rented to college kids that pay like clock work. Most of the floor coverings are hardwood and tile. Some carpeting in two of the bedrooms. W.E. Freeman was once a Greene County Sheriff and Mayor. See attached photo in historic record of building from the early 1900's. Loft PLUS several offices on main level of building PLUS a fully heated/cooled 1,500 Quonset hut within the gated lot. Small 200 square foot basement with dirt floor in the main building. Security fencing, new rubber roof in 2008, newer HVAC heat pumps, plumbing, electrical, windows, floor coverings...the list goes on and on. This is a great investment property and is ALWAYS 100% occupied and easy to keep rented. The rents on the main floor may be a little on the low side but two of the tenants have been there about nine years and their rents have not been raised. One of the ground floor tenants supervises the property and mows the lot. This property almost runs itself except for showing the loft every few years. Loft apartment rents for $1,900 per month to college students and it also rents fast anytime its up for rent. The kids that are there now have been in the space for several years. Turn key investment as it is always fully rented but would also be great for an owner/operator business. ESC Architects & Engineers is located across the street. The new Springfield Dream Center is located one block to the east on Atlantic Street. Current monthly rents are $3,900 per month. Call Sean for an appointment. PLEASE DO NOT DISTURB TENANTS.