1423 W Atlantic St - Schools FOR SALE


Springfield, MO 65803- Woodland Heights
$980,000 USD
417-955-1232
1423 W Atlantic St, Springfield, MO for Sale
$980,000 USD
Schools - FOR SALE
1/11
null | Request Cap Rate

1423 W Atlantic St
Springfield, MO 65803
Woodland Heights


HIGHLIGHTS

  • Excess Land
  • Many Recent Capital Expenditures
  • Immediate Income

OVERVIEW

Now available, as an exclusive offering, is this historic former educational campus near the heavily travelled Kansas Expressway corridor. The property has undergone numerous capital improvements and offers in place income from a diverse office tenant mix - with ample flexibility to the Landlord. The asset offers immediate functionality to users such as non-profits, community services groups, ministries, or educational users; while also offering adaptive reuse potential with its roughly 1.5 acres of excess land. There is three phase power along the east side of Nettleton Avenue. Each of the three floors offer large classroom/office suites. Increasing the flexibility of the property, is the ± 3,600 square foot, 1963-constructed, Assembly Hall to serve as an events space, gymnasium, or sanctuary, amongst others. The assembly hall has an area ready for commercial kitchen infill.

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Doling Property Sale

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Religious Facility

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

2.57 AC

LAND SF

111,949 SF

ZONING

R-SF

APN/PARCEL ID

13-11-219-001

ASK ABOUT THIS PROPERTY

Sam CraftReece CommercialMore Info
417-955-1232

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Sam CraftReece CommercialMore Info
417-955-1232

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