$61.84 Per Sq Foot $2,523 est/mo Sourced by Back At You

2001 North Broadway Avenue,Springfield, MO 65803

Springfield MO, 65803

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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.

Details

MLS#60263969
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1912
Days On Site120
Listing Provided ByKeller Williams | Mindy K Witte
Buying Commision3%

Features

Bath(s)5
SQ Feet7,600
Units5
ZoningLim Business
Acreage0.49

Market Activity 65803

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Southern Missouri Regional MLS.

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Listings Checked: 3 minutes ago
StateMO
CountyGreene
CitySpringfield
Zip Code65803
Community NameCampbell's Woodland
Listing VS Median (in Campbell's Woodland)
Price:
$470,000
low | high
Med:
$319,950
81.925531914894% of Average
SqFt:
7,600
low | high
Med:
2,531
100% of Average
$ / SqFt:
$62
low | high
Med:
$129
58.847826819975% of Average
On Site:
120
low | high
Med:
75.500000
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 2:15:09 AM PDT