2122 Glenstone AveSpringfield, MO 65804

Property Details for 2122 Glenstone Ave

Year built

1909

Lot size

0.48 AC

Property size (Sq ft)

5,767 SF

Zone code

INC

Property type

Retail space

APN

88-12-32-206-033

APU

881232206033

Description

This exceptional 5,767 square foot retail property, situated on a 0.48-acre lot at 2122 S Glenstone Avenue in Springfield, Missouri, presents a unique investment opportunity. Boasting a prime location with high traffic counts, this building offers significant potential for a variety of commercial uses. The majority of the structure was constructed in the 1980s and housed a thriving family business for almost four decades, demonstrating its enduring appeal and structural integrity. The property features a spacious showroom with large picture windows, allowing for excellent natural light and prominent street visibility. Two bathrooms, including a shower/sauna, add to the convenience and functionality of the space. Accessibility is enhanced by a dedicated ramp leading to a separate entrance. A full basement, complete with a loading ramp, provides ample storage and logistical capabilities. The original construction plans included provisions for a third story, offering significant expansion possibilities for a future owner. This well-maintained property is priced at $929,000 and represents a compelling investment in a vibrant Springfield commercial corridor. The combination of location, size, and existing features makes this an attractive proposition for discerning buyers seeking a strong foothold in the Springfield market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,661,260

  6.5%

  $1,533,470

  7%

  $1,423,937

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,039,534

  Geo Method

  $1,039,534

• Alternative Use

  Use

  Valuation

  Residential

  $1,293,540

  Hospitality

  $1,184,875

  Educational

  $985,802

  Medical

  $1,019,706

  Retail

  $1,533,470

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.1754

Longitude

-93.2619

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].