219 Chase St Springfield, MO 65803-2625
This exceptional Springfield, MO commercial property boasts two connected industrial buildings totaling 6,000 square feet on a 0.41-acre lot. Ideally situated just across the tracks from historic Commercial Street, this prime location offers unparalleled accessibility and visibility. The property, built in 1976 and meticulously maintained, features two main structures linked by secure hallways, easily adaptable for single or multi-tenant occupancy. Each building includes dedicated office space, restrooms, and substantial warehouse/shop areas, providing ample versatility for a range of businesses. The west building (303 W Chase Street) further benefits from an attached structure with a carport and additional workshop or storage space, enhancing its functionality and appeal. All buildings have undergone roof replacements within the last decade, ensuring long-term structural integrity. Currently occupied by a thriving mitigation and restoration company, this property's layout is perfectly suited for contractors, tradespeople, automotive services, or light manufacturing operations. The asking price is $485,000, presenting a compelling investment opportunity in a thriving commercial district. The property's adaptability, excellent condition, and strategic location make it an exceptional prospect for discerning buyers seeking a high-return investment in a dynamic market.
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Compass Restoration Hardware & Home Improvement Construction Company
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
INC · Springfield, MOCosts & 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.