230 Mcdaniel StSpringfield, MO 65806

For Sale
$525,000

Historic building, prime location, investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 230 W. McDaniel Street in Springfield, Missouri, presents a compelling investment opportunity. Built in 1912, this Class B building boasts a total of 8,316 square feet and is situated on a prominent corner lot at the intersection of McDaniel and Patton Streets, just one block from the historic Springfield Square. The asking price is $525,000, translating to a price per square foot of $63.13. The property features a unique blend of commercial and residential space. The ground floor has housed a print shop since the building's construction, providing a stable, long-term tenant. The second floor is currently configured as a residential loft. A full basement adds further potential for development or storage. This property is strategically located within an Opportunity Zone, offering potential tax advantages for qualified investors. Please note that the current tenants should not be disturbed. This is a rare chance to acquire a piece of Springfield's history with significant upside potential. The property's prime location and diverse use possibilities make it an attractive investment for both seasoned and emerging investors. Serious inquiries only.

Highlights

  • Exceptional mixed-use property in Springfield, MO, offering 8,316 square feet on a prominent corner lot.
  • Asking price: $525,000 ($63.13/SF).
  • Built in 1912 (Class B building), featuring ground-floor commercial space (long-term tenant) and a residential loft.
  • Full basement available.
  • Located in an Opportunity Zone.

Property Details for 230 Mcdaniel St

Property type
Other office properties, Other mixed-use properties
Square Feet
8,316 SF
Class
B

Location Insight

City
Springfield
County
Greene
State
Missouri
Latitude
37.208209747996
Longitude
-93.293274523618
230 Mcdaniel St, Springfield, Missouri

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230 Mcdaniel St
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