Property summary
This exceptional mixed-use building, located at 132 W Park Central Sq in Springfield, Missouri's vibrant downtown, presents a unique investment opportunity. The 42,130 square foot property, constructed in 1930, is a significant piece of Springfield's history, situated within the Springfield Public Square Historic District and listed on the National Register of Historic Places. Currently vacant, this two-story building offers immense potential for redevelopment. The property's Center City zoning allows for a variety of uses, making it ideal for adaptive reuse. With its prime location in the heart of the Ozarks, this building benefits from Springfield's thriving cultural scene, diverse culinary options, and unique shopping experiences. The building's size and historical significance make it an attractive prospect for investors seeking to capitalize on the city's growth and the availability of historic tax credits. The asking price is $17.80 per square foot. This is a rare chance to acquire a landmark property in a dynamic and rapidly growing city. The property's zip code is 65806.
Property profile
VerifiedCap rate & NOI
Current use
-
Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
INC · Springfield, MOZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for INC in Springfield, MO.
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