Listed by Reece Commercial Real Estate, Reece Commercial Real Estate Springfield
$1,900,000
Religious Campus | Redevelopment | 2157 N PROSPECT AVE.
Details
APN 1207213004
Property Type Multifamily, Mixed Use
Sub Type Religious/Church
Square Footage 97,421
Net Rentable (SqFt) 97,421
Units 3
Tenancy Vacant
Broker Co-Op True
Class C
Year Built 1950
Buildings 3
Stories 4
Acreage 3.720
Zoning Planned Developmnet (PD 131 AMD-1)
Parking Spaces 2.32 per 1,000 sq ft
Ground Lease No
$19.50/SF | ±3.72 Acres
Marketing description
Now available as an exclusive offering, is this religious/educational campus which is an assemblage of three (3) parcels and three (3) buildings. The buildings total ± 97,421 square feet upon ± 3.72 acres of land zoned Planned Development (PMD 131) - City of Springfield.
There are 10 curb cuts present. The building has heavy power. Within the Southern building is a renovated commercial kitchen, large reception/dining hall, private offices, apartments, amongst others. The main worship building has a sanctuary that seats ± 500 in its present configuration. with professional sound equipment. The Northern building has housed classrooms & day care.
Investment highlights
- Adaptive floor plates & ceiling heights for customization
- Growing NE Springfield Sub-Market with numerous rooftops and new retailers
- Opportunity to densify
Listing Contacts
Listed by Reece Commercial Real Estate, Reece Commercial Real Estate Springfield
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Name
License
Brokerage
Is there information that looks off?
