214 E Commercial St 6,023 SF 100% Leased Retail Building Springfield, MO 65803 $1,373,278 CAD ($228.01 CAD/SF)

This is a rare turnkey offering in the Commercial Street Historic District, structured to start producing income the day it closes. The sale includes the building, all furnishings, décor, and appliances, and an active City of Springfield Short Term Rental license, so a new owner steps into a fully operational asset with nothing left to assemble.
The property suits two very different buyers. An investor gains an STR ready, furnished building with three distinct income areas under one roof: ground floor retail plus two residential lofts that can run nightly or lease furnished long term. An owner operator can occupy or run the commercial floor while the lofts generate revenue, or live in one loft and rent the rest. Because each floor is separately metered, the leasing configuration stays flexible.
Recent improvements reduce near term capital needs. The building was taken to the studs and rebuilt in 2012, and the current ownership has since updated both bathrooms with custom tile showers, added loft laundry and stair step lighting, refreshed lighting throughout, and remodeled the third floor to create a private bedroom with its own bath access. The result is a low maintenance, high character asset in a district that is actively gaining foot traffic from the restored 1902 Jefferson Avenue Footbridge and a new 42 unit residential development nearby.
Offering price: $975,000. Seller will consider all cash / conventional financing / and seller financing if applicable. Furnishings and the operating setup convey with an acceptable offer. The seller reserves the right to exclude any personal property prior to a contract.
Financials, including trailing rental revenue, occupancy, and operating expenses, are available to qualified buyers upon request.
Showings are by appointment only to protect guest bookings and tenant privacy. Please do not disturb occupants or staff. Contact David Jacquez 417-444-9784 or djacquez@murney.com to schedule a private tour or request the financial package.