With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is
10 Amazing Commercial Real Estate Opportunities In Springfield
Dated: February 5 2020
Attention entrepreneurs and business owners!
We have some great commercial properties available right now that have great locations, unique architecture and historical significance in our city! There are literally hundreds of option right now, but here are ten of our favorites!
WALNUT STREET INN
The Historical Walnut Street Inn is available! This includes the Property at 900 E. Walnut and the Carriage House as well as the property at 916 East Walnut and a total of 24 paved parking spaces. There are 5 HVAC systems and 4 additional units for guest comfort. This grand old lady has been beautifully-cared for icon on Walnut Street, at the edge of MSU. It is known as the McCann-Jewell House. Please make contact for an appointment, sellers are running an active business and will not be able to show drop-in visitors.
One of the most recognizable building units on the ever popular South Street in Downtown Springfield, the Boogie bar and Bubbles Champagne are now on the market! The Boogie bar is a 4 story building with basement. Seller will sell business as well. The front of the bar has a large bar area with seating and the rear has a smaller bar area with seating. What a great location for a restaurant, bar or something else!
Unbelievable location at the NW corner of Walnut St and National Ave. High Visibility corner with traffic counts exceeding 32,000 VPD. This 2 story, well maintained property consists of approximately 2376 square feet plus basement. Interior features 10 ft ceilings, hardwood floors,4 large rooms, lobby/reception area, restroom, kitchen on the main floor with several offices and restroom on the 2nd floor. Large 2nd lot in the rear of the property serves for the existing parking of 7 plus cars with a 2 car garage plus any additional parking needs.Zoned R-HD with Conditional Overlay- Walnut St West Urban Conservation District. Excellent for offices, art gallery and a variety of uses.
850 SF First Floor Office Suite For Lease. Located in Historic Busy Bee Bldg, Downtown Springfield on Campbell and Park Central West – 2 private offices, reception, copy room, storage, private restroom. Totally restored in 2007. Upscale loft apartments on each of the top three levels. Public free parking available across street. Neighboring businesses include Hurt’s Donuts, Hollywood Theater College Station 14, The Moxie Theater, Springfield Brewing Company, Flame, Steakhouse & Wine Bar, and other local and national companies. Additional office/retail space available.
324 PARK CENTRAL #102
1,700 SF Office / Retail space For Lease in Historic Busy Bee Bldg, Located in Downtown Springfield on Campbell and Park Central West – Open Retail space w/ glass store front and private restroom. Totally restored in 2007. Upscale loft apartments on each of the top three levels. Public free parking available across street. Neighboring businesses include Hurt’s Donuts, Hollywood Theater College Station 14, The Moxie Theater, Springfield Brewing Company, FlameSteakhouse & Wine Bar, and other local and national companies. Additional space available if needed.
Located in Park Central Square in downtown Springfield historical district. The 42,130-square-foot building used to be the Newberry department store and comprises the southwest corner of the square, with entrances both on the square and on McDaniel Street. With some of the largest sidewalk space downtown. This could be good opportunities for mixed-use whether it’s office, retail, health-related services, or a combination of things. Don’t miss out on being a part of Historical Downtown Springfield!
1920’s historic warehouse located in downtown Springfield. The uses are endless on this large brick structure. There are two open free span warehouse spaces, one is 15,400 +/- square feet and the other is 7,500+/- square feet. The ceilings, at 24′ highest peak, allow for a second story loft, offices, etc. Property is located in a Designated Opportunity Zone and investment incentives should be available. Large public parking lot adjoins property to east and parking garage 1/2 block away to the south east.
Conveniently located across the street from Bass Pro Shops and the Wonders of Wildlife Museum. Only a few blocks from Mercy Hospital and Missouri State Univ. The space is primarily open with the exception of a demising wall near the rear of the space that works well for separating inventory stocking or work space. Road signage is available both on Campbell Ave. and Sunshine St. Multiple access points into large parking area. Neighboring businesses in the center include Dollar Tree, Whole Hog Caf, Tandy Leather, McCallister’s Deli, Ozarks Safe Company, and Fusion Fitness.
304 W McDaniel. Located at the corner of Patton Alley and McDaniel, between Tinga Tacos and Bird’s Eye Gallery, are two Office/Retail spaces for lease on McDaniel in Downtown Springfield. +/- 1,056 sf per space. The units may be combined for a total of about 2,112 sf. $1000/month per space. Each space consists of about 786 sf plus a proportionate share of common area.2 Restrooms are in the common area. The current tenants are vacating in Spring but spaces may be available sooner. The addresses are 304 and 306 W McDaniel.
Former Leong’s Restaurant and Los Portales. 7,168 sq. ft. and retail building is 1,440 sq. ft. Recently used as the Journey Church. Current layout is ideal for Church use – platform in worship space, sound room, youth and children class rooms, etc… Retail building has large 2-story space. Building also has triple sink and walk-in cooler. Zoned ”HC”
Drennon, Kyle. “10 Amazing Commercial Real Estate Opportunities in Springfield.” Go to Murney.com, 2020, www.murney.com/blog/category/realestatespringfieldmo/.
Michelle is a native of Southwest Missouri and has twenty-eight years of experience in selling real estate in the greater Springfield area! Michelle specializes in all price points, including new cons....
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