Retail Space /MO /Greene County /Springfield /317 South Ave
Retail Space /MO /Greene County /Springfield /317 South Ave

317 South Ave - Storefront Retail/Residential FOR SALE


Springfield, MO 65806 | 
$3,500,000 USD
417-882-6222
317 South Ave, Springfield, MO for Sale
$3,500,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | 9% Cap Rate
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317 South Ave
Springfield, MO 65806

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HIGHLIGHTS

  • Long term NNN tenant in building
  • Excellent downtown location
  • High end renovations throughout property

OVERVIEW

This is a NNN Investment property that is 100% leased with tenants with long term leases. The business on the retail floor has 4.5 years remaining on the lease. The condominiums on levels 2 and 3 are leased and lessees pay utilities but those are not considered NNN.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Loft/Creative Space, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1889

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Commercial

APN/PARCEL ID

13-24-219-009

ASK ABOUT THIS PROPERTY

Sondra HagermanMurney Associates RealtorsMore Info
417-882-6222

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Sondra HagermanMurney Associates RealtorsMore Info
417-882-6222

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