412 South Ave, Springfield, MO 65806

Located in the heart of Downtown Springfield, 412 South Ave offers a rare opportunity to acquire a fully leased mixed-use asset combining stabilized income with historic character. The property features restored historic retail space on the ground floor with two beautifully finished loft apartments above, blending timeless architecture with modern updates from renovations completed in the 2010s. Both the retail and residential components are fully occupied, with exceptionally low vacancy over the past six years, providing consistent, proven cash flow. The lofts showcase the charm tenants seek in downtown living, while the street-level retail benefits from strong pedestrian presence and established surrounding businesses. Positioned within a designated Opportunity Zone and carrying historic status eligibility, the property also presents potential tax advantages for investors while preserving long-term appreciation upside. A turnkey, income-producing downtown asset with built-in stability and historic appeal. Neighboring properties are seeing renewed activity, with a new donut shop and a Mexican restaurant slated to open nearby, adding to the area’s growing energy. This continued investment and tenant expansion further reinforce the strong momentum and long-term viability of this downtown corridor.