600 W College St Springfield, MO 65806
- Retail space
- 14,621 SF
- 0.37 lot acres
Current Use by Public Records
- White River Engineering, Inc. | ALLGEIER, MARTIN and ASSOCIATES / Engineer / Engineering Consultant
- Conway Duncan, Inc. / Engineering Consultant
- Blu Skies / Hair Salon
- Graham William S MD / Medical Examiner
- Bethesda Medical Care / Medical Office / Family Practice Physician
Property Details for 600 W College St
- Year built
- 1929
- Lot size
- 0.37 lot acres
- Property size
- 14,621 SF
- Zone code
- INC
- Property type
- Retail space
- APN
- 88-13-23-119-001
- APU
- 881323119001
Description
This exceptional 1,000-square-foot creative office space is available for lease in the historic Monarch Art Factory building at 600 W College St, Springfield, MO 65806. Located in the desirable Downtown Springfield submarket, this property offers a unique blend of character and modern convenience. The space boasts an open floor plan, showcasing exposed brick and high ceilings with exposed ductwork, creating a vibrant and inspiring atmosphere. Abundant natural light streams in through skylights, enhancing the workspace. The building, a Class B property constructed in 1929 and renovated in 2009, sits on a 0.37-acre lot and is zoned Center City. The entire building comprises 14,621 square feet, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 1,000 square feet currently available. This single-story building offers a prime location near established businesses such as Conway Duncan Engineering and Bethesda Medical Care. The property's APN is 1323119001. This is an excellent opportunity for a business seeking a unique and stylish downtown Springfield location. The property is categorized as Office/Retail, with a Creative Office subtype, and is suitable for multiple tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $565,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $520,000
- 6.5%
- $510,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $540,000
- Retail
- $495,000
- Mixed-Use
- $515,000
- Hospitality
- $475,000
- Educational
- $520,000
- Residential Income
- $640,000
- Energy
- $465,000
- Income-Based Land
- $575,000
- Food Service
- $500,000
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.2972
- Latitude
- 37.2083
- CBSA code
- 44180
- CBSA name
- SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
