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Historic Office Space with Mezzanine
For Lease
$4,900/Mo

518 S Virginia Avenue, Joplin, MO 64801

COMMERCIAL - Joplin, MO

Property Size7,350 SF
Days on Market269

Property Features for 518 S Virginia Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning C-2
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Directions From 7th and Main, east on 7th to Virginia. North on Virginia to building on west side of street.
Subdivision 02 - Joplin City - NE
Standard status Active
APN 33-011702-0000
Size 7,350 SF

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1919
Flooring type Concrete
Roof type Rubber
Listing Agency: GLENN GIBSON COMMERCIAL REAL ESTATE
Listed By: Luke Gibson · License #2015033987
Added: Nov 5, 2025 Changed: Jul 28 Last Checked: Aug 1 at 1:06PM
MLS# 256193

Copyright © 2026 Ozark Gateway Association of Realtors. 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.

A restored historic commercial building originally constructed in 1919 and revitalized in 2021, offering a versatile interior designed for professional and specialty use. The space includes two large private offices, two sets of restrooms, an expansive open conference area, and a large open workspace at the front of the building. A mezzanine level adds additional workspace and/or storage, supporting a range of day-to-day operational needs.

The building is located at 518 S Virginia Avenue in Joplin, within the 500 Block Commons area. The surrounding mixed-use environment is described as walkable, with nearby ongoing and coming development that includes a medical esthetics tenant, upscale residential apartments, and a coming restaurant and wine bar.

The layout is flexible and supports both collaborative work and client-facing functions, with natural light and visibility called out for the front open workspace.

Key Highlights

  • Historic Pennington Drug Company Building originally built in 1919, revitalized in 2021
  • 7,300 sq. ft. commercial space with a flexible layout for offices, creative firms, or specialty use
  • Two large private offices plus expansive open conference area and large front open workspace

Property Analytics

Current Use

Pennington Station Arcade & Gaming Center Fulcrum Network Technologies Information Services Full Bore Studios Advertising Agency

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Dental Office Pharmacy Butcher

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

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,381
Businesses Nearby

Demographics for 64801, MO

35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value

Market

Lease Benchmarks for Joplin, MO

$24.39 /SF/Yr
Avg Asking Price
$5.2–$230 /SF/Yr
Price Range
2,701 SF
Avg Space Size

This space is priced 67% below the average of $24.39 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Restored 1919 building offering flexible office layout with front open workspace, two private offices, and mezzanine level.
Where is this office units located?
The property is located at 518 S Virginia Avenue Joplin, MO.
What is the lease rate?
The lease rate is $4,900 /Mo.
What are key features of this property?
This property features: Historic Pennington Drug Company Building originally built in 1919, revitalized in 2021; 7,300 sq. ft. commercial space with a flexible layout for offices, creative firms, or specialty use; Two large private offices plus expansive open conference area and large front open workspace
More about this property
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