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34476142
34476145

1423 W ATLANTIC ST, SPRINGFIELD, MO 65803-1803 For Sale

SC
MO 2019042641
Reece Commercial Real Estate
MP
MO 1999127595
Reece Commercial Real Estate Springfield
Listed by Reece Commercial Real Estate, Reece Commercial Real Estate Springfield
$980,000
1 day on market
Updated 1 day ago

Doling On Atlantic

Details
APN 1311219001
Property Type Office, Mixed Use (+1)
Sub Type Creative Office, School (+1)
Square Footage 28,011
Units 1
Tenancy Multi
Lease Type Gross
Price per SqFt $35
Broker Co-Op True
Year Built 1916
Year Renovated 2025
Buildings 3
Stories 4
Acreage 2.570
Zoning R-SF
Parking Spaces 41 spaces
Parking per 1,000 SqFt 1.46
Investment Type Value Add
Ground Lease No

$34.99 / SF | Immediate Income | Excess Land

Marketing description

Now available, as an exclusive offering, is this historic former educational campus near

the heavily travelled Kansas Expressway corridor. The property has undergone

numerous capital improvements and offers in place income from a diverse office tenant

mix - with ample flexibility to the Landlord. The asset offers immediate functionality to

users such as non-profits, community services groups, ministries, or educational users;

while also offering adaptive reuse potential with its roughly 1.5 acres of excess land.

There is three phase power along the east side of Nettleton Avenue. Each of the three

floors offer large classroom/office suites. Increasing the flexibility of the property, is the

± 3,600 square foot, 1963-constructed, Assembly Hall to serve as an events space,

gymnasium, or sanctuary, amongst others. The assembly hall has an area ready for

commercial kitchen infill.

Investment highlights

  • Copious Updates: New HVAC in Assembly Hall, LED High-Efficiency “Smart”

Lighting, Parking Lot Resurfacing, Striping, & Sealing, Sprinkler System

Upgrades, Fencing Upgrades, Backup Power Generation, Amongst Others.

  • Wifi & CAT-5 Connectivity.
  • Utilities: ± $0.36/SF

Listing Contacts

SC
MO 2019042641
Reece Commercial Real Estate
MP
MO 1999127595
Reece Commercial Real Estate Springfield
Listed by Reece Commercial Real Estate, Reece Commercial Real Estate Springfield

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Additional Information

Name
Sam Craft
License
2019042641
Brokerage
Reece Commercial
Brokerage Phone
417.882.5710
Name
Mark Patrick, CCIM
License
1999127595
Brokerage
Reece Commercial Inc
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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