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2001 North Broadway Avenue, Springfield, MO 65803

$470,000
Property Type: Commercial-All Types Baths: 5 Square Footage: 7,600 Lot Size (sq. ft.): 21,344 Status: Active
Current Price: $470,000 List Date: 3/23/2024 Last Modified: 5/08/2024

Description

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.

More Information MLS# 60263969

Contract Information

Property Sub-Type: Retail Construction Status: Existing Begin Date: 2024-03-23 Transaction Type: Sale List Price: $470,000 List Price/SqFt: 61.84 Parent/Child: Parent Historical District: No Foreclosure/Short Sale: No Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Street #: 2001 Street Direction: North Street Name/Route: Broadway Suffix: Avenue County: Greene State/Province: MO Zip Code: 65803 Inside City Limits: Yes Subdivision: Campbell's Woodland Tax ID: 88-13-11-225-016 Cross Street: Atlantic/Broadway Real Estate Tax: 4326.34 Tax Year: 2023 RE Tax Provided By: Assessor Records Legal Description: CAMPBELL'S WOODLAND HGTS LOTS 27 28 & 29 Zoning: Lim Business Section: 11 Township: 29n

General Property Description

Baths - Total: 5 Total SqFt: 7600 SqFt - Retail Space: 3800 Aprx Year Built: 1912 Number of Units: 5 Aprx Lot Size (Acres): 0.49 Lot Dimensions: Acres Waterfront/View: None Lake/River: None

Remarks & Misc

Directions: North on Kansas Expressway from Chestnut, East on Atlantic Street (first light past the viaduct), to property on the left. Corner of Broadway and Atlantic Street

Status Change Info

Status: Active

Listing Info

Commission Buyer Agy: 3 Commission Buyer Agy Type: % Commission Sub Agy: 3 Commission Sub Agy Type: % Commission Trans Brkr: 3 Commission Trans Brkr Type: %

Property Features

How to Show: Call Listing Agent Business Type: Apartments; Office; Retail Cooling: Ceiling Fan; Central Heating: Forced Air Land Status: Land Included Miscellaneous: Additional Building(s); Basement; Drapes; Fire Alarm; Fireplace; Laundry Facilities; Living Area in Building; Private Restrooms; Public Restrooms; Security System; Smoke Detectors Parking: 6-10 Spaces; Parking Area; Paved; Private Drive Roof: Rubber Utilities Available: Electric; Gas; High Speed Internet Access; Public Sewer; Public Water Lot Description: Outbuilding(s); Sidewalk(s) Fencing: Chain link Docs on File: Disclosure; Financial Records
Listing Office: Keller Williams
Last Updated: May - 08 - 2024
2001 North Broadway Avenue, Springfield, MO 65803- MLS# 60263969
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: klrw369@kw.com

Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.

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