139 Memorial Plz - Restaurant FOR SALE


Springfield, MO 65806- Downtown Springfield
$600,000 USD
417-887-8826
139 Memorial Plz, Springfield, MO for Sale
$600,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

139 Memorial Plz
Springfield, MO 65806
Downtown Springfield


HIGHLIGHTS

  • Flexible use opportunity.
  • Existing hood and grease trap in place.
  • No known issues reported with roof, HVAC, or plumbing.
  • High traffic counts along nearby corridors, including Chestnut Expressway (12,924 VPD).

OVERVIEW

This offering presents a rare opportunity to acquire a centrally located 1.039-acre site with both redevelopment potential and existing improvements. While the 1,564 SF building includes legacy restaurant infrastructure such as a hood and grease trap, the property may be equally well-suited for users seeking a remodel/development option. Additional income from an on-site billboard lease and after-hours parking rental provides interim cash flow during planning or redevelopment.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Taylor's Drive In

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

Center City

APN/PARCEL ID

13-24-204-006

ASK ABOUT THIS PROPERTY

Jeff ChildsSVN | Rankin Company, LLCMore Info
417-887-8826

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Jeff ChildsSVN | Rankin Company, LLCMore Info
417-887-8826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.