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    219 Chase St Springfield, MO 65803

    Sponsored
    For Sale
    $485,000

    Two Buildings, 6000 sq ft, High-Demand Area

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Springfield, MO commercial property boasts two connected industrial buildings totaling 6,000 square feet on a 0.41-acre lot. Ideally situated just across the tracks from historic Commercial Street, this prime location offers unparalleled accessibility and visibility. The property, built in 1976 and meticulously maintained, features two main structures linked by secure hallways, easily adaptable for single or multi-tenant occupancy. Each building includes dedicated office space, restrooms, and substantial warehouse/shop areas, providing ample versatility for a range of businesses. The west building (303 W Chase Street) further benefits from an attached structure with a carport and additional workshop or storage space, enhancing its functionality and appeal. All buildings have undergone roof replacements within the last decade, ensuring long-term structural integrity. Currently occupied by a thriving mitigation and restoration company, this property's layout is perfectly suited for contractors, tradespeople, automotive services, or light manufacturing operations. The asking price is $485,000, presenting a compelling investment opportunity in a thriving commercial district. The property's adaptability, excellent condition, and strategic location make it an exceptional prospect for discerning buyers seeking a high-return investment in a dynamic market.

    Property Features for 219 Chase St

    General Information

    Property type
    Industrial properties
    Square Feet
    6,000 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Compass Restoration Water Damage Restoration Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.29293
    Latitude
    37.2314

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    FAQs

    What type of property is this?
    Industrial property - Two Buildings, 6000 sq ft, High-Demand Area
    Where is this industrial property located?
    The property is located at 219 Chase St Springfield, MO.
    What is the asking price?
    The asking price for this property is $485,000.
    (417) 259-3705
    Request Owner's contact information
    219 Chase St Springfield, MO 65803
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    Springfield, MO 65803
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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
    219 Chase St Springfield, MO 65803
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