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16,096' Downtown Springfield Redevelopment 420 South Ave 16,096 SF Vacant Office Building Springfield, MO 65806 $801,340 CAD ($49.79 CAD/SF)
Investment Highlights
- Built 1911 and converted to gray shell 2024
- Conveniently located near the square and adjacent to Moxy Hotel.
- Flexible Center City Zoning
- $36.59/SQFT
Executive Summary
One of the last sizable downtown buildings suitable for restoration. Floors 1,2, and 3 4,050sf with 14 ft ceilings | basement is 3,946sf with 9ft ceilings. All utilities available. Located in Center City (downtown) near Park Central Square. Casual dining, upscale restaurants, antique shops, trendy clothing, art galleries, a wealth of nightlife choices make Downtown Springfield is a great place to invest, it's all Downtown! 40,000 students, an additional 25,000 people working in the Central Business District. A short distance from Missouri State and Drury Universities, Basketball Arena, Performing Arts Center, several large off-campus student housing developments, and office buildings.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
16,096 SF
Building Class
C
Year Built
1911
Price
$801,340 CAD
Price Per SF
$49.79 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,024 SF
Building FAR
3.70
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
Center City (CC) - Center City... flexible zoning permitting office, retail, entertainment, multi-family, special use and mixed use
Amenities
- 24 Hour Access
- High Ceilings
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bnc Builders
- Construction
- -
- -
- -
- Warren & Goodin
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bnc Builders | Construction | - | - | - | ||
| Warren & Goodin | Professional, Scientific, and Technical Services | - | - | - |
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Very walkable
80/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 13-24-226-009 | Improvements Assessment | $208,331 CAD |
| Land Assessment | $35,335 CAD | Total Assessment | $243,666 CAD |
Property Taxes
Parcel Number
13-24-226-009
Land Assessment
$35,335 CAD
Improvements Assessment
$208,331 CAD
Total Assessment
$243,666 CAD
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16,096' Downtown Springfield Redevelopment | 420 South Ave
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