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About This Home
This 0-bedroom, 0-bathroom commercial at 412 South Avenue in Springfield, MO is listed for $635,000. Built in 1888, on a 0.06 acres lot.
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 establ
ished 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
Key Features
- Built in 1888
- 0.06 acre lot
Property Details
Monthly Cost Estimate
$3,396/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
412 South Avenue
Springfield, MO 65806
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 412 South Avenue is listed at $635,000. The estimated monthly payment is $2,752 based on 20% down at 6.5% interest.
Key features include: Built in 1888, 0.06 acre lot.
This property is listed by Paul Tillman and can be reached at 4178727468 or p.tillman@alpharealtymo.com.
