1232 E Trafficway St Springfield, MO 65802
For Sale
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This exceptional 6,528-square-foot executive office building is strategically located at 1232 E Trafficway St in Springfield, Missouri, 65802, within close proximity to the downtown area and Springfield's central business district. The property sits on a 0.31-acre lot and is zoned PD 282. Priced at $585,000, this translates to a price per square foot of $89.61. Currently configured primarily as office space, the building boasts a unique feature: a fully functional apartment currently used as a nightly rental, offering additional income potential. A significant asset is the retention of a full bar and lounge area, a legacy from its previous use as Doe's Eat Place restaurant. This amenity provides a distinct entertainment advantage, especially considering its location directly across from the Springfield Cardinals stadium. The building presents a compelling investment opportunity for those seeking a well-located, versatile commercial property with unique income-generating potential in a vibrant urban setting. The property's size, amenities, and location combine to create a strong value proposition for a variety of business uses. Serious inquiries are encouraged to explore this exceptional opportunity further.
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Nations Insurance Agency Insurance Agency
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Corporate & Legal Reproductions, LLC (Bike/Boat/Book/etc) Store Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.