Renovated Loft Short-Term
For Sale
$649,000
311 W Commercial Street, Springfield, MO 65803
Commercial Sale, Springfield, MO
Property SizeContact for details
Lot Size0.05 Acres
Days on Market609
Property Features for 311 W Commercial Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
Parking features
On Street
View
City
Directions
North on Campbell to Commercial - East on Commercial to property.
Standard status
Active
APN
1312309037
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
311 WEST COMMERCIAL STREET CONDOMINIUMS COMMON AREA
Tax Annual Amount
3269
Legal Description
311 WEST COMMERCIAL STREET CONDOMINIUMS COMMON AREA
Utilities
Utilities
Water Available
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1893
Number of units
3
Listing Agency:
Keller Williams Local · Keller Williams Realty
(417) 883-4900
Listed By:
Adam Graddy · License #2004014961
(417) 501-5091
Added: Dec 27, 2024
Changed: Aug 25
Last Checked: Aug 28 at 9:06AM
MLS# 60284157
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 311 W Commercial Street in Springfield, Missouri, the property contains renovated loft residences on the second and third floors. The offering comprises three separate units: a studio with one bathroom, a loft arranged with two possible bedrooms and one full bathroom, and a three-bedroom residence with two bathrooms.
The property sits on 0.05 acres and was built in 1893. Heating is provided by forced-air and electric systems, while cooling is central air with electric service. Water is available, and parking is provided along the street. The lofts are licensed for short-term rentals. The retail lease space is excluded from the offering.
The property sits on 0.05 acres and was built in 1893. Heating is provided by forced-air and electric systems, while cooling is central air with electric service. Water is available, and parking is provided along the street. The lofts are licensed for short-term rentals. The retail lease space is excluded from the offering.
Key Highlights
- Three renovated loft units occupy the second and third floors
- Unit mix includes a studio, a two‑bedroom‑option loft, and a three‑bedroom residence
- Unit layouts provide 1, 1, and 2 bathrooms respectively
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Explore this area
Business Placement
Demographics for 65803, MO
42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Renovated upper-floor lofts are licensed for short-term rental use and include on-street parking.
Where is this short term rental property located?
The property is located at 311 W Commercial Street Springfield, MO.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Three renovated loft units occupy the second and third floors; Unit mix includes a studio, a two‑bedroom‑option loft, and a three‑bedroom residence; Unit layouts provide 1, 1, and 2 bathrooms respectively
