509 W Olive St - Retail CONDO FOR SALE


Springfield, MO 65806- Downtown Springfield
$355,000 USD
417-860-9951
509 W Olive St, Springfield, MO for Sale
$355,000 USD
Retail CONDO - FOR SALE
1/18
null | Request Cap Rate

509 W Olive St
Springfield, MO 65806
Downtown Springfield


OVERVIEW

PROPERTY DESCRIPTION Thank you for viewing this 3,220 SF office investment located at 509 W Olive in downtown Springfield. This investment property features a fresh three-year lease boasting an 11% return. The property features a reception area, kitchenette, large conference room, cubicles, two restrooms, IT/Storage closet and a large bull pin area perfect for a large variety of uses. For additional information about this exceptional opportunity, please contact the listing agent. Thank you! LOCATION DESCRIPTION Located near the corner of Main Street and Olive, this office suite is in the heart of downtown Springfield and seconds from Park Central Square. The property sits among many local and state businesses including Missouri Department of Revenue, Springfield License Office, the History Museum, Civil Kitchen, Moxie Cinema, Classic Rock Coffee, Paragon Architecture, and many more.

FOR SALE DETAILS

PRICE

$355,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

11% CAP OFFICE INVESTMENT

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

3,220 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

13-23-103-012,13-23-103-013,13-23-103-015,13-23-103-016,13-23-103-017,13-23-103-018,13-23-103-019

ASK ABOUT THIS PROPERTY

Jack RankinSVN | Rankin Company, LLCMore Info
417-860-9951

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Jack RankinSVN | Rankin Company, LLCMore Info
417-860-9951

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