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607 Locust St 5,000 SF 100% Leased Office Building Springfield, TN 37172 $975,000 ($195/SF)



Investment Highlights
- Mixed-use property combining office, MedSpa, and residential components.
- MedSpa space with treatment rooms and utility connections.
- 12 dedicated parking spaces on a 0.22-acre lot.
- Includes law office with eight offices, conference room, and support areas.
- On-site apartment with two bedrooms and separate entrances.
- Centrally located in Springfield near retail, dining, and major roadways.
Executive Summary
607 Locust Street in Springfield, Tennessee, presents a versatile mixed-use property offering a combination of office and residential space in a central location. The building spans approximately 5,000 square feet on a 0.22-acre lot and includes 12 dedicated parking spaces. Constructed in 1974, the property is designed to accommodate multiple uses, making it an attractive option for investors or owner-occupants seeking income potential and operational flexibility.
The layout features a law office with eight offices, a waiting area, conference room, breakroom, and storage, as well as a MedSpa area with three treatment rooms, a waiting area, restroom, and utility room with washer/dryer hookup. Additionally, the property includes an apartment with a living room, kitchenette, two bedrooms, one bathroom, and both interior and exterior entrances.
Located within Springfield’s commercial district, the property benefits from proximity to major retailers, dining options, and essential services. Its position near key roadways provides convenient access to surrounding neighborhoods and regional destinations, supporting strong visibility and accessibility for professional and service-oriented businesses.
The layout features a law office with eight offices, a waiting area, conference room, breakroom, and storage, as well as a MedSpa area with three treatment rooms, a waiting area, restroom, and utility room with washer/dryer hookup. Additionally, the property includes an apartment with a living room, kitchenette, two bedrooms, one bathroom, and both interior and exterior entrances.
Located within Springfield’s commercial district, the property benefits from proximity to major retailers, dining options, and essential services. Its position near key roadways provides convenient access to surrounding neighborhoods and regional destinations, supporting strong visibility and accessibility for professional and service-oriented businesses.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built
1974
Price
$975,000
Price Per SF
$195
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.52
Lot Size
0.22 AC
Zoning
GS
Parking
12 Spaces (2.4 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 080J-B-019.00 | Improvements Assessment | $169,640 |
| Land Assessment | $28,840 | Total Assessment | $198,480 |
Property Taxes
Parcel Number
080J-B-019.00
Land Assessment
$28,840
Improvements Assessment
$169,640
Total Assessment
$198,480
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607 Locust St
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