Listed by Jared Commercial
$1,500,000
Diffenderffer Building
Details
APN 881323107011
Property Type Mixed Use, Multifamily
Sub Type Executive Office, investment
Square Footage 21,000
Units 6
Tenancy Multi
Pro-Forma Cap Rate 8.21%
Pro-Forma NOI $123,087
Class B
Year Built 1925
Year Renovated 2008
Buildings 1
Stories 3
Acreage 0.180
Zoning Commercial
Investment Type Stabilized
Sale Condition For sale by owner
Investment Retail/Office Loft Building
Marketing description
Discover a prime investment opportunity at 431 W Walnut St, Springfield, MO. This 21,000 SF historic building, originally built in 1925 and renovated in 2008, is ideal for office, creative, or loft space. Zoned for commercial use, this property offers a perfect blend of historic charm and modern amenities. Positioned in a vibrant setting, this property presents a rare chance to invest in a thriving market and capitalize on strong rental demand. Don't miss your opportunity to own a piece of Springfield's history while securing a solid, income-generating asset.
Investment highlights
- Corner Lot.
- Great Visibility.
- Modern updated interior.
- Brand New Roof w Warranty.
- Sprinklered.
Listing Contacts
Listed by Jared Commercial
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
Similar Properties
Is there information that looks off?
