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Restaurant/Bar with Loft Apartments
For Sale
$3,445,000

220 E Commercial St, Springfield, MO 65803

Move-in-ready restaurant/bar setup paired with seven fully furnished loft apartments and on-site parking.

Property SizeContact for details
Days on Market86

Property Features for 220 E Commercial St

General Information

Standard status Active
Total Parking Spaces 36

Additional Details

Business Included Yes
Multifamily Units 7
Listing Agency: Murney Associates - Primrose
Listed By: Teresa G Cunningham · License #1999057517
Source: Exprealty
Added: May 18 Changed: Jul 10 Last Checked: Aug 10 at 9:08AM

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 Murney Associates - Primrose

Investment Insights

Based on property information with market context.

The property offers a restaurant/bar concept with a move-in-ready kitchen that includes appliances, inventory, and fixtures. It is presented as a turnkey operation for a full restaurant/bar experience. In addition to the food and beverage space, there are seven loft apartments, all described as fully furnished, providing an on-site residential component.

A 36 +/- space parking lot is included with the parcel identified as 1312317033. The property is located at 220 E Commercial St in Springfield, MO, with public remarks referencing Historic C-St.

The residential units are practical for short- and medium-term living because each loft includes a stackable washer/dryer unit along with a refrigerator, dishwasher, and stove. Two of the seven loft apartments are identified as Airbnb nightly rentals, supporting use by operators who want both longer-term and short-stay income streams within the same property. The kitchen inventory and fixtures, as well as hanging wall art noted as reserved, are intended to be included with the sale for a ready-to-operate transition.

Key Highlights

  • Move‑in‑ready restaurant/bar setup with a state‑of‑the‑art kitchen, appliances, inventory, and fixtures
  • On‑site 36 +/- space parking lot (parcel number 1312317033)
  • Seven fully furnished loft apartments, with two units used as Airbnb nightly rentals

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Move-in-ready restaurant/bar setup paired with seven fully furnished loft apartments and on-site parking.
Where is this conventional restaurant located?
The property is located at 220 E Commercial St 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: Move‑in‑ready restaurant/bar setup with a state‑of‑the‑art kitchen, appliances, inventory, and fixtures; On‑site 36 +/- space parking lot (parcel number 1312317033); Seven fully furnished loft apartments, with two units used as Airbnb nightly rentals
More about this property
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