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    OFF-MARKET
    Commercial real estate

    230 Mcdaniel St, Springfield, MO 65806

    8,316 SF
    Property ID
    US48-0902820
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 230 W. McDaniel Street in Springfield, Missouri, presents a compelling investment opportunity. Built in 1912, this Class B building boasts a total of 8,316 square feet and is situated on a prominent corner lot at the intersection of McDaniel and Patton Streets, just one block from the historic Springfield Square. The asking price is $525,000, translating to a price per square foot of $63.13. The property features a unique blend of commercial and residential space. The ground floor has housed a print shop since the building's construction, providing a stable, long-term tenant. The second floor is currently configured as a residential loft. A full basement adds further potential for development or storage. This property is strategically located within an Opportunity Zone, offering potential tax advantages for qualified investors. Please note that the current tenants should not be disturbed. This is a rare chance to acquire a piece of Springfield's history with significant upside potential. The property's prime location and diverse use possibilities make it an attractive investment for both seasoned and emerging investors. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 8,316 SF
    UPID US48-0902820
    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
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    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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