616 Madison St Springfield, MO 65806
This exceptional 7,500-square-foot retail center, constructed in 2018, presents a unique investment opportunity in Springfield, Missouri. Located at 616 E Madison St, 65806, this multi-tenant property offers three available spaces, ideal for a variety of retail or restaurant uses. Individual spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 2,700 square feet. One notable feature is the 1,500 square feet specifically designed for restaurant use, complete with appropriate infrastructure. The building's strategic location provides excellent visibility and accessibility. Each unit benefits from dual entrances: one facing Kimbrough Street, encouraging pedestrian traffic, and another on the east side of the building, providing convenient parking access for customers. This property is perfectly situated to capitalize on the thriving Springfield market, offering a blend of walk-up convenience and ample parking. The flexible space options cater to a diverse range of businesses, making this an attractive investment for both established enterprises and emerging entrepreneurs. Don't miss this chance to secure a prime retail location in a dynamic and growing city.
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WestEdge Apartment Building
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.