1950 South Glenstone Avenue,Springfield, MO 65804
Springfield, MO 65804
Description
Prime South Glenstone commercial investment opportunity with exceptional visibility and long-term upside. Positioned just south of Plaza Shopping Center on one of Springfield's busiest commercial corridors with approximately 40,000 vehicles per day, this multi-tenant retail center offers an excellent opportunity for both investors and owner-users. The property is currently occupied by 6 tenants across 7 retail suites, providing immediate income with the flexibility to lease additional space or occupy a suite for your own business. Several leases present future opportunities to increase rental income, allowing a new owner to enhance cash flow over time as market rents continue to strengthen. The center features excellent frontage, ample on-site parking, large storefront windows, and outstanding exposure to high daily traffic. Surrounded by established national and local retailers, restaurants, and service businesses, this location benefits from strong consumer traffic and sustained demand. Whether you're looking to add a value-add commercial asset to your portfolio or establish your business in a highly visible location while generating rental income from the remaining suites, this South Glenstone property offers outstanding potential in one of Springfield's premier commercial corridors.
Details
| MLS # | 60329925 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 26 |
| Listing Provided By | Keller Williams Local | Adam Graddy |
Features
| Bath(s) | 7 |
|---|---|
| SQ Feet | 6,006 |
| Zoning | INC |
| Acreage | 0.01 |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | 20+ Spaces, Hard Surface, Parking Area, Paved |
Taxes
| Property | 6205 |
|---|
Area Information
| State | MO |
|---|---|
| County | Greene |
| City | Springfield |
| Zip Code | 65804 |
| Listing VS Median (in 65804) | |
Price: $1,140,000 low | high Med: $290,000 sqft: 6,006 low | high Med: 1,918 $ / sqft: $190 low | high Med: $151 On site: 26 low | high Med: 18 | |
Market Activity 65804
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Learn More About This Property
| State | MO |
|---|---|
| County | Greene |
| City | Springfield |
| Zip Code | 65804 |
| Listing VS Median (in 65804) | |
Price: $1,140,000 low | high Med: $290,000 sqft: 6,006 low | high Med: 1,918 $ / sqft: $190 low | high Med: $151 On site: 26 low | high Med: 18 | |
