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311 Commercial St 3,743 SF 100% Leased Retail Building Springfield, MO 65803 $750,000 ($200.37/SF)
Executive Summary
Welcome to 311 W Commercial Street. Renovated lofts located on floors 2 + 3 above a leased commercial space. Unit 1 is a studio with bathroom, Unit 2 has 2 possible bedrooms with a full bathroom, and Unit 3 contains 3 bedrooms with 2 bathrooms. Street parking available. Licensed for short term rentals. Long term history of solid rents in the 3 lofts. Please note: this does not include the retail lease space.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,743 SF
Building Class
C
Year Built
1893
Price
$750,000
Price Per SF
$200.37
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.72
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
INC.
Frontage
24’ on West Commercial Street
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-12-309-033 | Improvements Assessment | $18,340 |
| Land Assessment | $0 | Total Assessment | $18,340 |
Property Taxes
Parcel Number
13-12-309-033
Land Assessment
$0
Improvements Assessment
$18,340
Total Assessment
$18,340
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