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Investment Highlights

  • Excess Land
  • Immediate Income
  • Many Recent Capital Expenditures

Executive Summary

Now available, as an exclusive offering, is this historic former educational campus near the heavily travelled Kansas Expressway corridor. The property has undergone numerous capital improvements and offers in place income from a diverse office tenant mix - with ample flexibility to the Landlord. The asset offers immediate functionality to users such as non-profits, community services groups, ministries, or educational users; while also offering adaptive reuse potential with its roughly 1.5 acres of excess land.
There is three phase power along the east side of Nettleton Avenue. Each of the three floors offer large classroom/office suites. Increasing the flexibility of the property, is the ± 3,600 square foot, 1963-constructed, Assembly Hall to serve as an events space, gymnasium, or sanctuary, amongst others. The assembly hall has an area ready for commercial kitchen infill.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Taxes $5,306 $0.19
Operating Expenses $14,155 $0.51
Total Expenses $19,461 $0.69

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual $5,306
Annual Per SF $0.19
Operating Expenses (CAD)
Annual $14,155
Annual Per SF $0.51
Total Expenses (CAD)
Annual $19,461
Annual Per SF $0.69

Property Facts

Price $1,375,753 CAD
Price Per SF $49.11 CAD
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Schools
  • Specialty Religious Facility
Building Class B
Lot Size 2.57 AC
Building Size 28,011 SF
No. Stories 3
Year Built/Renovated 1916/2025
Parking Ratio 1.46/1,000 SF
Zoning R-SF - Single Family Residential

Amenities

  • Controlled Access
  • Air Conditioning
  • Backup Power / Generators
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
13-11-219-001
Land Assessment
$75,905 CAD
Improvements Assessment
$30,618 CAD
Total Assessment
$106,523 CAD
Annual Taxes
$5,306 CAD ($0.19 CAD/SF)
Tax Year
2025
  • Listing ID: 41338467

  • Date on Market: 2026-07-17

  • Last Updated:

  • Address: 1423 W Atlantic St, Springfield, MO 65803

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