Historic Mixed-Use
For Sale
$285,000
504 W Commercial Street, Springfield, MO 65803
SINGLE_FAMILY - Springfield, MO
Property Size12,000 SF
Lot Size0.19 Acres
Price / SF$23.75
Days on Market145
Property Features for 504 W Commercial Street
General Information
Property type
Residential
Property subtype
Retail
Parking features
Garage - Attached, On Street
Lot features
Sidewalk(s), Level
Directions
North on Boonville to Commercial, Left on Commercial to property on the corner of Commercial and Lyon.
Standard status
Active
APN
881311412018
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OLLIS & SMITH SUB DIV ALL LOT 1 & E 2 FT LOT 2 & OLLIS & SMITH SUB LOT 2 3 & 4 (EX ST) & (EX E 2 FT LOT 2)
Tax Annual Amount
964
Legal Description
OLLIS & SMITH SUB DIV ALL LOT 1 & E 2 FT LOT 2 & OLLIS & SMITH SUB LOT 2 3 & 4 (EX ST) & (EX E 2 FT LOT 2)
Utilities
Utilities
Water Available
Building Details
Year built
1889
Number of units
2
Roof type
Flat
Listing Agency:
Murney Associates - Primrose
(417) 823-2300
Listed By:
Laura Daly · License #2009023385
(417) 823-2300
Added: Mar 20
Changed: Aug 10
Last Checked: Aug 11 at 8:06PM
MLS# 60318653
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 historic mixed-use building at the corner of Commercial Street and Lyon Avenue contains approximately 12,000+ square feet, according to the assessor's office. The first floor is arranged into four bays, while the second floor includes three additional bays, two open loft areas, and five spacious apartment rooms. An attached garage and alley access provide three overhead doors for service and loading flexibility.
Recent property work includes extensive brick tuck-pointing, roof patching, termite treatment with warranty options, and more than 250 hours of completed demolition. The west-side roof above the garage section has also received recent updates. The property sits on a 0.19-acre lot and includes on-street parking, an attached garage, water availability, and a flat roof.
Recent property work includes extensive brick tuck-pointing, roof patching, termite treatment with warranty options, and more than 250 hours of completed demolition. The west-side roof above the garage section has also received recent updates. The property sits on a 0.19-acre lot and includes on-street parking, an attached garage, water availability, and a flat roof.
Key Highlights
- Approximately 12,000+ square feet on a 0.19‑acre lot
- Four first‑floor bays and three additional bays upstairs
- Two open loft areas adjacent to five apartment rooms
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level property combines retail bays, loft areas, apartment rooms, and alley-served overhead doors.
Where is this mixed-use property located?
The property is located at 504 W Commercial Street Springfield, MO.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Approximately 12,000+ square feet on a 0.19‑acre lot; Four first‑floor bays and three additional bays upstairs; Two open loft areas adjacent to five apartment rooms
