504 Commercial St, Springfield, MO 65803-2946
This exceptional 1,958-square-foot retail space, located at 504 E Commercial St, Springfield, MO 65803, presents a unique opportunity in the heart of Downtown Springfield's vibrant commercial district. Situated on a 0.05-acre lot, this Class B building, constructed in 1886, boasts a rich history, previously housing the iconic Frisco Bar and Ruthie's. The property features a single tenancy with the entire 1,958 square feet currently vacant and ready for immediate occupancy. The space includes new flooring, two restrooms, a small private office, and a former small kitchen area, offering flexibility for a variety of uses. Original bar improvements remain, adding character and potential for a unique atmosphere. Two dedicated parking spaces are located in the rear, supplemented by ample street parking. The property is zoned commercial and its APN is 88-13-12-327-007. Its prime location on Commercial Street, adjacent to Askinosie Chocolate and Rathbone Ace Hardware, ensures high visibility and foot traffic. Ideal for retail, restaurant (sandwich shop, etc.), or even office use. Please note that a residential loft above the commercial space is separately occupied.
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Vantage Lawn Care Landscaping
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Ruthies on Cstreet Bar & Pub Restaurant
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, MOSpringfield. Always verify with local authorities before improvements.
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.