Bar and Pub with
1816 W Division Street, Springfield, MO 65802
For Sale
$329,995
An existing kitchen and bar configuration is included, along with the building’s contents.
Property Size2,340 SF
Price / SF$141.02
Days on Market321
Property Features for 1816 W Division Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Restaurant
Patio
Equipment Included
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Realty ONE Group Grand
Listed By:
Jacqulyne Maples
(417) 209-7347
Source:
Tolbertrealtors
Added: Dec 22, 2025
Changed: Nov 1
Last Checked: Nov 6 at 10:36AM
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 Realty ONE Group Grand
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,340-square-foot bar and pub property was built in 1980 and includes an existing kitchen and bar setup. The sale also includes the contents currently inside the building. Improvements include remodeled restrooms, new flooring, siding and roof, plus refreshed wall coverings in the back bar area. A fenced outdoor patio extends the property’s guest space.
The property is located at 1816 W Division Street in Springfield, Missouri.
The property is located at 1816 W Division Street in Springfield, Missouri.
Key Highlights
- 2,340‑square‑foot bar and pub property
- Fenced outdoor patio
- Existing kitchen and bar setup; contents inside the building are included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,658
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,160
$373.2K
Cap Rate 7%
$266,543
$266.5K
Cap Rate 9%
$207,311
$207.3K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$25.8K $11.04/SF
− Vacancy
−$956 −$0.41/SF
EGI
$24.9K $10.63/SF
− OpEx
−$6.2K −$2.66/SF
NOI
$18.7K $7.97/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,160
Cap Rate 7%
$266,543
Cap Rate 9%
$207,311
Alternative Uses
Best Use
Specialty Retail
$266.5K
$233.2K – $311.0K
NOI $18,658 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.2K
$309.0K – $412.1K
NOI $24,723 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65802, MO
48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bar & Pub - An existing kitchen and bar configuration is included, along with the building’s contents.
Where is this bar & pub located?
The property is located at 1816 W Division Street Springfield, MO.
What is the asking price?
The asking price for this property is $329,995.
What are key features of this property?
This property features: 2,340‑square‑foot bar and pub property; Fenced outdoor patio; Existing kitchen and bar setup; contents inside the building are included in the sale
