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Multi-Level Mixed-Use Building
For Sale
$314,290

504 W Commercial Street, Springfield, MO 65803

Commercial Sale, Springfield, MO

Property SizeContact for details
Lot Size0.19 Acres
Days on Market161

Property Features for 504 W Commercial Street

General Information

Property type Commercial Sale
Property subtype Retail
Parking features Garage - Attached, On Street
Lot features Sidewalk(s), Level
Directions North on Boonville to Commercial, Left on Commercial to property on the corner of Commercial and Lyon.
Standard status Active
APN 881311412018
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OLLIS & SMITH SUB DIV ALL LOT 1 & E 2 FT LOT 2 & OLLIS & SMITH SUB LOT 2 3 & 4 (EX ST) & (EX E 2 FT LOT 2)
Tax Annual Amount 964
Legal Description OLLIS & SMITH SUB DIV ALL LOT 1 & E 2 FT LOT 2 & OLLIS & SMITH SUB LOT 2 3 & 4 (EX ST) & (EX E 2 FT LOT 2)

Utilities

Utilities Water Available

Building Details

Year built 1889
Number of units 2
Roof type Flat
Listing Agency: Murney Associates - Primrose
Listed By: Laura Daly · License #2009023385
Added: Mar 20 Changed: Aug 22 Last Checked: Aug 27 at 6:06AM
MLS# 60318653

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.

This historic mixed-use building contains approximately 12,000+ square feet across two levels. The first floor is arranged into four bays, while the second floor includes three additional bays, two open loft areas, and five spacious apartment rooms. A flat roof, attached garage, and three overhead doors accessed from the alley add functional support for a range of commercial configurations.

Recent property work includes extensive brick tuck-pointing, roof patching, termite treatment with warranty options, and more than 250 hours of demolition. The west-side roof above the garage section has also received updates. Water is available, and parking includes an attached garage and on-street spaces. The building is located at the corner of Commercial Street and Lyon Avenue in Springfield, Missouri.

Key Highlights

  • 12,000+ square feet arranged across two levels
  • Four first‑floor bays and three second‑floor bays
  • Two open loft areas plus five apartment rooms upstairs

Property Analytics

Current Use

Vantage Lawn Care Landscaping Ruthies on Cstreet Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Restaurant Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial property combines retail bays, upper-level loft areas, and apartment rooms with alley-served overhead doors.
Where is this mixed-use property located?
The property is located at 504 W Commercial Street Springfield, MO.
What is the asking price?
The asking price for this property is $314,290.
What are key features of this property?
This property features: 12,000+ square feet arranged across two levels; Four first‑floor bays and three second‑floor bays; Two open loft areas plus five apartment rooms upstairs
More about this property
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