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Historic School Campus with Assembly Hall
For Sale
$980,000

1423 W Atlantic St, Springfield, MO 65803

Three floors of classroom and office suites accompany a flexible assembly hall.

Property Size28,011 SF
Price / SF$34.99
Days on Market64

Property Features for 1423 W Atlantic St

General Information

Standard status Active
Size 28,011 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Utilities to Site Yes

Building Details

Year Built 1916
Stories 3
Tenancy Multi
Listing Agency: Reece Commercial
Listed By: Sam R. Craft · License #2019042641
Source: Trilakeshomesearch
Added: Jun 28 Changed: Aug 28 Last Checked: Aug 29 at 10:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reece Commercial

Investment Insights

Based on property information with market context.

The 28,011-square-foot property is a historic educational campus with three floors of sizable classroom and office suites. Capital improvements have been completed, and a varied office tenant mix currently provides in-place income. The campus was originally constructed in 1916, while the separate 3,600-square-foot Assembly Hall dates to 1963.

The Assembly Hall adds adaptable space for events, a gymnasium, or a sanctuary, with an area prepared for commercial kitchen infill. Approximately 1.5 acres of excess land expands the property’s reuse options. Three-phase power is available along the east side of Nettleton Avenue. The campus is located at 1423 W Atlantic St in Springfield, near the Kansas Expressway corridor.

Key Highlights

  • 28,011‑square‑foot historic educational campus at 1423 W Atlantic St, Springfield, MO 65803
  • Three floors with large classroom and office suites
  • 3,600‑square‑foot Assembly Hall constructed in 1963

Property Analytics

Current Use

Title I High School

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Catering Service (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

400
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
School - Three floors of classroom and office suites accompany a flexible assembly hall.
Where is this school located?
The property is located at 1423 W Atlantic St Springfield, MO.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 28,011‑square‑foot historic educational campus at 1423 W Atlantic St, Springfield, MO 65803; Three floors with large classroom and office suites; 3,600‑square‑foot Assembly Hall constructed in 1963
More about this property
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