$999,000
About this home
Mixed-use investment opportunity with immediate income and approved residential upside. Fully leased first floor generates approx. $110,400/year from 5 established commercial tenants. City approval in hand for 7 second-floor residential units. Gross income can exceed $250,000 when completed. Approval package, architectural plans, and parking agreements convey with sale. New roof, electrical upgrades, mini-splits, separate utilities/meters, and 10 secured parking spaces. Ideal for investors, developers, and 1031 exchange buyers. Offered at $999,000.
Property details
- MLS #
- 73536576
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 67
- On market date
- June 16, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.36 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 394
- Student:teacher ratio
- 10.4:1
- District
- Springfield
- Enrollment
- 480
- Student:teacher ratio
- 10.7:1
- District
- Springfield
- Enrollment
- 203
- Student:teacher ratio
- 11.9:1
- District
- Springfield
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 20 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.