Undisclosed
Convenience Store and Two Apartment's
Marketing description
Rare opportunity to own a high-visibility, mixed-use property in the heart of Springfield's commercial corridor. This 2,426 sq ft building
includes a well-established convenience store, plus two residential apartments, all located just blocks from a major local Mill with
consistent foot and drive-by traffic. The property features a functional storefront with inventory included, making it ready for immediate
operation. Two residential units are currently rented on a month-to-month basis at $1,500 and $700 per month, providing built-in rental
income. This is an ideal set up for an owner-user to live on-site or for an investor seeking multiple revenue streams. Additional features
include on-site parking, excellent exposure, and a flexible layout that allows for both commercial and residential use. The sale includes
land, building and all store inventory. Please do not disturb tenants or cashier. Showings are by appointment only.
Investment highlights
Stabilized Mixed-Use Cash Flow: Income-producing asset combining an operating convenience store and two residential units, providing diversified and resilient revenue streams.
Business Included in Sale: Established grocery/convenience operation conveyed with inventory, fixtures, and equipment—allowing immediate continuation of operations with no build-out or startup delay.
In-Place Income with Upside: Residential units leased month-to-month, creating flexibility for rent increases, re-tenanting, or owner-user conversion.
High-Exposure Commercial Location: Positioned along Springfield’s commercial corridor near a major employment center, supporting consistent daily traffic and retail demand.
Value-Add Optionality: Short-term leases and mixed-use configuration allow for operational optimization, re-branding, or alternative commercial use strategies.
Updated Improvements: Remodeled existing structure reduces near-term capital expenditure risk and supports continued occupancy.
Attractive Cost Basis: Favorable property tax profile and all-inclusive sale structure enhance net operating efficiency.
Owner-User or Investor Appeal: Suitable for passive investor, hands-on operator, or live/work buyer seeking income plus control.
Urban Infill Asset: Small-lot, mixed-use property in a built-out market with limited new supply, supporting long-term demand fundamentals.
Turnkey Acquisition: Sale includes land, building, business, and inventory
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