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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

616 Madison St Springfield, MO 65806

7,500 SF Built 2018
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2018
Total area 7,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • WestEdge Apartment Building
  • Mercy Sports Medicine - Westedge Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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