1515 Glenstone AveSpringfield, MO 65804

For Sale
$860,000

Prime Springfield location, 6,727 sq ft office.

Overview

Added:
Dec 11, 2024
Days on market:
94
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.
  • Full utilities available.
  • Ample parking at front and rear.

Property Details for 1515 Glenstone Ave

Property type
Other office properties, Office properties
Square Feet
6,727 SF
Class
B
Year Built
1955
Buildings
1
Stories
1
Lot Size (sq. ft)
29,490 SF
Units
1

Location Insight

City
Springfield
County
Greene
State
Missouri
Latitude
37.186792637361
Longitude
-93.262567314428
1515 Glenstone Ave, Springfield, Missouri

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1515 Glenstone Ave
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