2058 Glenstone AveSpringfield, MO 65807

For Sale
$1,200,000

Thriving Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 2,740-square-foot restaurant building, located at 2058 S. Glenstone Ave in Springfield, Missouri, is available for sale at $1,200,000. Currently 100% occupied, this single-tenant property boasts a prime location in a high-traffic area of Southeast Springfield, near the intersection of Glenstone and Sunshine Streets. The building features an open dining and bar area, a drive-through window, a fully equipped kitchen with two walk-in coolers and a freezer, and two restrooms. Additional features include a large 489-square-foot storage area. The 0.61-acre lot provides ample space, and the property includes 37 parking spaces. The property is zoned for General Retail and benefits from high visibility and accessibility, with nearby businesses including Plaza Towers, Jim's Steakhouse, Early Bird Breakfast Pub, Mercy Hospital, Hy-Vee, Brown Derby Wine Center, and Red Lobster. Annual property taxes are $7,348.01. Traffic counts at the nearby intersections of Sunshine & Glenstone and Seminole & Glenstone are 68,930 and 37,115 vehicles per day, respectively. This is a rare opportunity to acquire a successful, established restaurant in a vibrant and growing community. The lease type is NNN.

Highlights

  • Sale Price: $1,200,000, $437.96/SF.
  • 100% Leased, 2,740 SF building on a 0.61-acre lot.
  • 2023 Property Taxes: $7,348.01; General Retail zoning.
  • High traffic counts: 68,930 VPD (Sunshine & Glenstone), 37,115 VPD (Seminole & Glenstone).
  • Includes drive-through window.

Property Details for 2058 Glenstone Ave

Property type
Other retail properties, Restaurants
Square Feet
2,740 SF
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Springfield
County
Greene
State
Missouri
Latitude
37.1756964
Longitude
-93.3288183
2058 Glenstone Ave, Springfield, Missouri

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2058 Glenstone Ave
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