Mixed-Use Building with Four
New
For Sale
$305,000
504 W Commercial Street, Springfield, MO 65803
Commercial Sale, Springfield, MO
Property Size12,000 SF
Lot Size0.19 Acres
Price / SF$25.42
Days on Market2
Property Features for 504 W Commercial Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking features
On Street, Garage - Attached
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
Site & Location
Corner Location
Yes
Mixed-Use Components
retail, residential
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
Amenities
overhead doors
Building Details
Year built
1889
Number of units
2
Roof type
Flat
Buildings
1
Listing Agency:
Murney Associates - Primrose
Listed By:
Laura Daly
(417) 823-2300
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 29 at 3:06AM
MLS# 60337225
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.
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Investment Insights
Based on property information with market context.
This mixed-use building at 504 W Commercial Street has approximately 12,000+ square feet across two floors. The first floor is arranged in four bays, while the second floor contains three bays, two open loft areas, and five apartment rooms. Three overhead doors provide alley access, and the property includes an attached garage. The roof is flat.
Work completed by the current owner includes brick tuck-pointing, roof patching, termite treatment, and more than 250 hours of demolition. The roof section above the garage on the west side has also received recent updates. Water is available, and parking features include on-street parking and an attached garage.
Work completed by the current owner includes brick tuck-pointing, roof patching, termite treatment, and more than 250 hours of demolition. The roof section above the garage on the west side has also received recent updates. Water is available, and parking features include on-street parking and an attached garage.
Key Highlights
- Approximately 12,000+ square feet in a two‑story building
- Four first‑floor bays and three second‑floor bays
- Two open loft areas and five apartment rooms upstairs
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
9,557 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail areas, upstairs lofts, and apartment rooms create a multi-level mix of commercial and residential space.
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 $305,000.
What are key features of this property?
This property features: Approximately 12,000+ square feet in a two‑story building; Four first‑floor bays and three second‑floor bays; Two open loft areas and five apartment rooms upstairs
