2001 North Broadway Avenue , Springfield, MO 65803
Springfield, MO 65803
Description
Looking for a great cash flowing income? Completely updated and impeccably maintained, this property has 2 large retail spaces on the main level being leased for a combined $2,000/month. The 3,800 sq ft upstairs loft is being used as a nightly rental which produced approx $30,000 in revenue in 2023. Additionally there is a 1,500 sq ft Quonset hut (not included in the square footage) which rents for $300/month plus a small office that has potential for another $300/month. Total revenue in 2023 exceeded $60,000!! The loft space comes fully furnished (with the exception of the armoire in first bedroom to the left and all hanging wall art and photographs) and has 4 large bedrooms with 8 total beds, 3 bathrooms and 3 living spaces making it great for large groups/families. Complete with backyard firepit! Both large retail spaces are fully leased. Quonset hut has been disconnected from power and is currently being rented as a storage unit for $300/month. Main building contains a small 200 sq ft basement with dirt floor, security fencing, newer rubber roof, HVAC, heat pump, plumbing, electrical, windows, floor coverings etc. etc. Recently paved lot accommodates off road parking for 5 plus vehicles. Plenty of land available to make a nice outdoor courtyard or increase parking capacity or whatever you can dream up. Not interested in doing nightly rental? This property would also be great for business owner/operator who wants to live where you work! Sold as is.
Details
| MLS# | 60263969 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 179 |
| Listing Provided By | Keller Williams | Mindy K Witte |
Features
| Bath(s) | 5 |
|---|---|
| SQ Feet | 7,600 |
| Units | 5 |
| Zoning | Lim Business |
| Acreage | 0.49 |
Market Activity 65803
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Learn More About This Property
| State | MO |
|---|---|
| County | Greene |
| City | Springfield |
| Zip Code | 65803 |
| Community Name | Campbell's Woodland |
| Listing VS Median (in Campbell's Woodland) | |
Price: $470,000 low | high Med: $470,000 SqFt: 7,600 low | high Med: 3,800 $ / SqFt: $62 low | high Med: $124 On Site: 179 low | high Med: 180.000000 | |