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This exceptional 6,727 square foot office building, situated on a 0.677-acre lot at 1515 S Glenstone Ave, Springfield, MO 65804, presents a compelling investment opportunity. The single-story, Class B building, constructed in 1955, boasts 30 parking spaces and is currently zoned GR, with a special use permit for office use. The interior features a reception area, executive office, multiple offices of varying sizes, a conference room, breakroom, technology room, library, and bathrooms. The property enjoys a high-traffic location on S. Glenstone Avenue, a major commercial corridor in Southwest Missouri, experiencing over 40,000 vehicles daily, and is surrounded by a mix of national and local businesses, including retail, restaurants, and hotels. The building offers potential for continued use as an office or redevelopment, subject to approval. A significant advantage is the current owner's willingness to lease back up to 70% of the building, providing immediate income potential for the new owner. The asking price is $860,000, translating to $127.84 per square foot. This property represents a rare chance to acquire a well-located, versatile commercial building in a thriving market. The building's size, parking, and prime location make it an attractive prospect for a variety of uses. The potential for leaseback income further enhances its investment appeal.
Highlights
6,727 square feet of space.
R-HD zoned property with a current special use permit for office use.
0.68-acre lot.
100-foot frontage on South Glenstone with 100-foot depth.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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