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26773786
26773788

1816 S Franklin Ave, Springfield, MO 65807

RS
2016017272
$585,000
458 days on market
Updated 101 days ago
Opportunity zone

Sunshine Ave/ Franklin Ave

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Auto Shop, Garage/Parking (+1)
Square Footage 3,156
Units 3
Occupancy 100%
Tenancy Single
Price per SqFt $185
Class B
Year Built 1983,1984,1957
Buildings 3
Stories 1
Zoning HC
Parking Spaces 10 spaces
Parking per 1,000 SqFt 3.17
Investment Type Owner/User
Ceiling Height 12

2 Commerical Building, 1 Residential Home and detached Garages

Marketing description

Prime Commercial & Residential Package close to Bass Pro with a strong traffic count. - Perfect for Automotive, Detailing, Hail Repair, Dent Repair, Roofing, or Utility Businesses etc

Located just off of Sunshine and Fort, this incredible opportunity features three total units: two commercial spaces and one residential home next door to the primary commercial unit. This package offers an ideal setup for an automotive business, roofing company, or any business requiring bay doors and space for work or utility vehicles.

The primary commercial space has been recently updated with a newly paved asphalt, front area providing a sleek and professional look, as well as easy access for customers and vehicles. There are also detached garages on the property, perfect for extra storage or to securely lock up additional vehicles.

Two of the properties are currently income-producing, making this a smart investment with immediate cash flow potential. However, please note, due to zoning, the entire package must be sold together and cannot be separated.

3156 sqft in total commercial space and 850sqft in residential space

Don't miss this unique opportunity to own a versatile property in a high-demand area, with great potential for automotive, industrial, or other service-related businesses!

Ryan Stewart

417.818.4215 for more details

Investment highlights

1816 Franklin ( Main Building) is currently being leased for a term of 1 year with the option to extend for an additional year. currently being leased for $2500 per month.

The residential property is currently being rented for $500 per month. The owner has left the tenant at this rate since his purchase. We estimate that based on current market conditions the unit could be leased at 750$ to $800 per month.

Listing Contacts

RS
2016017272

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