Retail Building with Fireplace
For Sale
$950,000
2122 S Glenstone Avenue, Springfield, MO 65804
SINGLE_FAMILY - Springfield, MO
Property Size8,364 SF
Lot Size0.48 Acres
Price / SF$113.58
Days on Market104
Property Features for 2122 S Glenstone Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
INC
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
From Glenstone and Battlefield, head north through Seminole intersection. Building is on your right.
Standard status
Active
APN
1232206033
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S 77 1/2 Ft N 232 1/2 Ft W 310.5 Ft S 12A W3/4 Sw1/4 Nw1/4 3 2/29/21 (Ex Sts)
Tax Annual Amount
5442
Legal Description
S 77 1/2 Ft N 232 1/2 Ft W 310.5 Ft S 12A W3/4 Sw1/4 Nw1/4 3 2/29/21 (Ex Sts)
Utilities
Utilities
Water Available
Heating system
Forced Air, Natural Gas
Cooling system
Electric, Central Air
Building Details
Year built
1985
Roof type
Composition
Listing Agency:
Keller Williams · Keller Williams Realty
(417) 883-4900
Listed By:
Adam Graddy · License #2004014961
(417) 501-5091
Added: Apr 21
Changed: Jul 28
Last Checked: Aug 2 at 6:06AM
MLS# 60321429
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.
2122 S Glenstone Avenue in Springfield, Missouri offers a versatile retail building with a large open floor plan, including a central focal point with a fireplace sitting area. The main level features expansive showroom space, a kitchen area, and a bathroom. The basement provides abundant storage, a second bathroom, and additional functional workspace, along with a dedicated workshop area.
A convenient bay door provides easy basement access for deliveries, equipment, or inventory. Parking is available in both the front and rear of the property.
Zoned INC, the building totals approximately 8,364 square feet and sits on about 0.48 acres along South Glenstone Avenue. The property has previously operated as a jewelry store and is positioned adjacent to a Maverik gas station and near Red Lobster and The Carpet Shoppe.
A convenient bay door provides easy basement access for deliveries, equipment, or inventory. Parking is available in both the front and rear of the property.
Zoned INC, the building totals approximately 8,364 square feet and sits on about 0.48 acres along South Glenstone Avenue. The property has previously operated as a jewelry store and is positioned adjacent to a Maverik gas station and near Red Lobster and The Carpet Shoppe.
Key Highlights
- Approximately 0.48‑acre commercial site on S Glenstone Ave in Springfield’s high‑traffic corridor
- About 8,364 SF versatile retail building adaptable for retail, office, or redevelopment
- Large open showroom floor plan with a central fireplace‑sitting area
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.3k | $11.04 |
| − Vacancy | −$4.0k | −$0.47 |
| EGI | $88.4k | $10.57 |
| − OpEx | −$22.1k | −$2.64 |
| NOI | $66.3k | $7.92 |
8,364 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$946.8K
$828.5K – $1.10M
NOI $66,276 @ 7.0% cap · market cap 6.98%
Second Best
Retail
$889.2K
$778.1K – $1.04M
NOI $62,245 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,368 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,971
Businesses Nearby
Explore this area
Business Placement
Demographics for 65804, MO
40,064
Population
20,118
Households
2
Avg Household Size
40
Median Age
42%
College-Educated
97%
High-School Grad
18.6 sq mi
ZIP Area
2,154
Density / Sq Mi
$58,288
Median Household Income
$40,103
Median Earnings
$898
Median Rent
$227,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Versatile retail/office building with showroom, workshop, basement storage, and front and rear parking.
Where is this retail space located?
The property is located at 2122 S Glenstone Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 0.48‑acre commercial site on S Glenstone Ave in Springfield’s high‑traffic corridor; About 8,364 SF versatile retail building adaptable for retail, office, or redevelopment; Large open showroom floor plan with a central fireplace‑sitting area
