2001 North Broadway Avenue Springfield, MO $ 470,000
2001 North Broadway Avenue
$ 470,000
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2001 North Broadway Avenue

Springfield, MO, 65803
$ 470,000
Baths5.0 Sq 7,600

Monthly Estimate*

$ 3,283

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Studio

Commercial Property for sale in Springfield, MO

for $470,000 with 5 full baths. This 7,600 square foot building was built in 1912 on a lot size of 0.49.

Looking for a great cash flowing income? Completely updated and impeccably maintained, this property has 2 large retail spaces on the main level being leased for a combined $2,000/month. The 3,800 sq ft upstairs loft is being used as a nightly rental which produced approx $30,000 in revenue in 2023. Additionally there is a 1,500 sq ft Quonset hut (not included in the square footage) which rents for $300/month plus a small office that has potential for another $300/month. Total revenue in 2023 exceeded $60,000!!The loft space comes fully furnished (with the exception of the armoire in first bedroom to the left and all hanging wall art and photographs) and has 4 large bedrooms with 8 total beds, 3 bathrooms and 3 living spaces making it great for large groups/families. Complete with backyard firepit!Both large retail spaces are fully leased. Quonset hut has been disconnected from power and is currently being rented as a storage unit for $300/month. Main building contains a small 200 sq ft basement with dirt floor, security fencing, newer rubber roof, HVAC, heat pump, plumbing, electrical, windows, floor coverings etc. etc. Recently paved lot accommodates off road parking for 5 plus vehicles. Plenty of land available to make a nice outdoor courtyard or increase parking capacity or whatever you can dream up.Not interested in doing nightly rental? This property would also be great for business owner/operator who wants to live where you work! Sold as is.

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Commercial Active

Price

$ 470,000

Bedrooms

Studio

Full Bath

5

Property Type

Commercial

Taxes

$ 4,326

Style

Retail

Lot Size

0.49

Year Built

1912

Town/City

Springfield

County/Region

Greene

MLS | Web ID

60263969

Features
Exterior
Lot Description Outbuilding(s) Sidewalk(s)
Land Status Land Included
Lake/River None
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General
Heating Forced Air
Cooling Ceiling Fan Central
Roof Rubber
Parking 6-10 Spaces Parking Area Paved Private Drive
Utilities Available Electric Gas High Speed Internet Access Public Sewer Public Water
Zoning Lim Business
Status Active
Full Baths 5.00
Year Built 1912
Subdivision Campbell's Woodland
Miscellaneous Additional Building(s) Basement Drapes Fencing Fire Alarm Fireplace Laundry Facilities Living Area in Building Private Restrooms Public Restrooms Security System Smoke Detectors
Township 29n
Construction Status Existing
Type Retail
Business Type Apartments Office Retail
Property Type E
Number of Units 5
Transaction Type Sale
Tax Year 2023
Inside City Limits Yes
Legal Description CAMPBELL'S WOODLAND HGTS LOTS 27 28 & 29
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Interior
Range 22w
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* Excluded Features
List By
Mindy K Witte

Listing Agent

mindywitte@kw.com

Email

Affordability Calculator

$3,644
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,283
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
685504 Elementary School
685609 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2024$470,000 Listed Price

Map


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2001 North Broadway Avenue, Springfield, MO, 65803 is a Commercial Property for sale at $470,000 with 7,600 sqft and a lot size of 0.49. 2001 North Broadway Avenue is a studio with 5.0 baths and was built in 1912. The property's zip code is 65803 which is in Springfield, MO