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Listed by Paul Tillman Alpha Realty MO, LLC
$635,000
Est. payment /mo
4 Baths
4,100 SqFt
Active
412 South Avenue Springfield, MO 65806
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Key Details
Property Type Commercial
Sub Type Commercial Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $154
MLS Listing ID SOM60315575
Full Baths 4
Year Built 1888
Annual Tax Amount $6,964
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Commercial Sale
Property Description
Located in the heart of Downtown Springfield, 412 South Ave offers a rare opportunity to acquire a fully leased mixed-use asset combining stabilized income with historic character. The property features restored historic retail space on the ground floor with two beautifully finished loft apartments above, blending timeless architecture with modern updates from renovations completed in the 2010s.Both the retail and residential components are fully occupied, with exceptionally low vacancy over the past six years, providing consistent, proven cash flow. The lofts showcase the charm tenants seek in downtown living, while the street-level retail benefits from strong pedestrian presence and established surrounding businesses.Positioned within a designated Opportunity Zone and carrying historic status eligibility, the property also presents potential tax advantages for investors while preserving long-term appreciation upside. A turnkey, income-producing downtown asset with built-in stability and historic appeal.Please note, DO NOT DISTURB TENANTS
Location
State MO
County Greene
Zoning INC
Interior
Fireplace N
Exterior
Waterfront Description None
Garage No
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