1075 Commercial StSpringfield, MO 65803

This exceptional 9,880 square foot shopping center, located at 1075 East Commercial Street in Springfield, Missouri, presents a unique investment opportunity. Built in 1963, the property boasts a prime corner location at the intersection of East Commercial Street and North National Avenue, ensuring high visibility and traffic. The asking price is $535,000, translating to $54.15 per square foot. The entire west building is included in the sale price. Currently vacant, this property offers significant potential for various businesses. Individual unit leases are available, with options ranging in size and lease terms. One unit (1075) is move-in ready, with working electricity and water. This unit offers approximately 550 square feet at a gross lease rate of $12 per square foot annually. Additional units (1079-1083) total approximately 2,130 square feet at a gross lease rate of $5 per square foot annually, and units (1091-1095) offer approximately 7,200 square feet at a gross lease rate of $5 per square foot annually. A lease for an additional unit (1135), approximately 4,400 square feet, at a gross lease rate of $4.50 per square foot annually, will also be available soon. The property is situated in a thriving commercial district in Greene County, offering exceptional value for investors seeking a strong foothold in the Springfield market. The lease type is gross.