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    518 S Virginia Ave Joplin, MO 64801

    For Lease
    $4,900 /Mo ($8 SF/Yr)

    COMMERCIAL - Joplin, MO

    Property size:
    7,350 SF
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 518 S Virginia Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Bathrooms
    3
    APN
    33-011702-0000
    Size
    7,350 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1919
    Flooring type
    Concrete
    Roof type
    Rubber

    GLENN GROUP LLC (417) 434-4845

    Listing agent Luke Gibson (417) 434-4845 License #2015033987

    Listing date Nov 6, 2025

    Copyright © 2025 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restored Landmark Office Space

    This 7,350 sq. ft. commercial space, originally built in 1919 and revitalized in 2021, is located in the heart of the 500 Block Commons. The property is suitable for professional offices, creative firms, collaborative workspaces, or specialty use. It features a flexible layout, two large private offices, two sets of restrooms, an expansive open conference area, and a large open workspace at the front of the building with natural light and visibility. A mezzanine level provides additional workspace, storage, or customizable use options. The property is housed in the Historic Pennington Drug Company Building, showcasing restored architectural details. It is located within a thriving community anchored by 417 Refine medical esthetics, upscale residential apartments, and a coming-soon restaurant and wine bar. The surrounding walkable environment offers an inviting atmosphere for employees, clients, and visitors. The zoning is C-2.
    Location Intelligence

    Current Use by Public Records

    Pennington Station Video Arcade Fulcrum Network Technologies Information Services Full Bore Studios Marketing Agency

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.512601
    Latitude
    37.086115

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    FAQs

    What type of property is this?
    Office space - Historic 7,350 sq ft commercial space in Joplin, MO.
    Where is this office space located?
    The property is located at 518 S Virginia Ave Joplin, MO.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - 7,350 sq. ft. of versatile commercial space with a flexible layout suitable for various uses.; - Located in the revitalized Historic Pennington Drug Company Building (built in 1919, restored in 2021) with restored architectural details.; - Positioned in the vibrant 500 Block Commons, a thriving mixed-use community.
    (417) 434-4845
    Request Owner's contact information
    518 S Virginia Ave Joplin, MO 64801
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    Joplin, MO 64801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    518 S Virginia Ave Joplin, MO 64801
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