45
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$1,140,000
Est. payment /mo
7 Baths
435 Sqft Lot
New
1950 S Glenstone AVE Springfield, MO 65804
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60329925
Full Baths 7
Year Built 1966
Annual Tax Amount $6,205
Tax Year 2025
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Retail
Source somo
Property Description
Prime South Glenstone commercial investment opportunity with exceptional visibility and long-term upside. Positioned just south of Plaza Shopping Center on one of Springfield's busiest commercial corridors with approximately 40,000 vehicles per day, this multi-tenant retail center offers an excellent opportunity for both investors and owner-users. The property is currently occupied by 6 tenants across 7 retail suites, providing immediate income with the flexibility to lease additional space or occupy a suite for your own business. Several leases present future opportunities to increase rental income, allowing a new owner to enhance cash flow over time as market rents continue to strengthen. The center features excellent frontage, ample on-site parking, large storefront windows, and outstanding exposure to high daily traffic. Surrounded by established national and local retailers, restaurants, and service businesses, this location benefits from strong consumer traffic and sustained demand. Whether you're looking to add a value-add commercial asset to your portfolio or establish your business in a highly visible location while generating rental income from the remaining suites, this South Glenstone property offers outstanding potential in one of Springfield's premier commercial corridors.
Location
State MO
County Greene
Area 6006
Zoning INC
Direction South on Glenstone from Sunshine.
Interior
Fireplace No
Exterior
Parking Features Paved, Parking Area, Hard Surface, 20+ Spaces
Utilities Available Sewer Available, Electricity Available, Water Available
Waterfront Description None
Roof Type Flat,Metal
Others
Miscellaneous Private Restrooms,Sign-Roof,Public Restrooms
Listed by Adam Graddy Keller Williams Local
NEARBY SCHOOL & BUSINESS
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