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Mixed-Use Property with Loft Apartments
For Sale
$3,445,000

220 E Commercial Street, Springfield, MO 65803

Commercial Sale, Springfield, MO

Property SizeContact for details
Lot Size0.14 Acres
Days on Market96

Property Features for 220 E Commercial Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 15
Full bathrooms 15
Rooms Bathroom 8, Bathroom 14, Bathroom 5, Bathroom 15, Bathroom 9, Bathroom 2, Bathroom 12, Bathroom 4, Bathroom 13, Bathroom 6, Bathroom 1, Bathroom 7, Bathroom 10, Bathroom 11, Bathroom 3
Parking features On Street
Subdivision North Springfield OP
Lot features Sidewalk(s), Level
View City
Directions North on Boonville, to East on Historic C-St!
Standard status Active
APN 1312317034
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10955

Utilities

Utilities Water Available
Heating system Oil, Hot Water(Heating), Natural Gas, Forced Air
Cooling system Ceiling Fan(s), Electric, Central Air

Building Details

Year built 1879
Roof type Rubber
Listing Agency: Murney Associates - Primrose
Listed By: Teresa G Cunningham · License #1999057517
Added: May 18 Changed: Aug 19 Last Checked: Aug 21 at 7:06AM
MLS# 60324010

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.

This mixed-use property combines a restaurant and bar operation with seven furnished loft apartments. The commercial component includes a ready-to-use kitchen with appliances, inventory, and fixtures. Residential units include individual stackable washer/dryer sets, refrigerators, dishwashers, and stoves. Two of the lofts are operated as nightly Airbnb rentals.

The property sits on a 0.14-acre parcel at 220 E Commercial Street in Springfield, Missouri, within the Historic C-St. area. A parking lot with approximately 36 spaces is included, and the property also lists on-street parking. Built in 1879, the building has a rubber roof, water availability, central air, ceiling fans, and multiple heating systems, including hot water, natural gas, oil, and forced air.

Key Highlights

  • Seven furnished loft apartments included
  • Two lofts operate as nightly Airbnb rentals
  • Restaurant/bar kitchen includes appliances, inventory, and fixtures

Property Analytics

Current Use

La Habana Vieja Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Accounting Firm Pharmacy Nail Salon

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

868
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant improvements accompany furnished residential lofts and on-site parking.
Where is this mixed-use property located?
The property is located at 220 E Commercial Street Springfield, MO.
What is the asking price?
The asking price for this property is $3,445,000.
What are key features of this property?
This property features: Seven furnished loft apartments included; Two lofts operate as nightly Airbnb rentals; Restaurant/bar kitchen includes appliances, inventory, and fixtures
More about this property
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