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Mixed-Use Building with Four Bays
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
Added: Oct 28 Last Checked: Oct 29 at 2:06AM
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.

Rey
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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.

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
Open Analytics

Current Use

Vantage Lawn Care Landscaping Ruthies on Cstreet Bar & Pub

Suggested Use

Top Pick Auto Parts Store Restaurant Building Supply Furniture & Home Goods Kitchen & Bath Showroom Law Firm

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
10k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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
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