607 Locust St Springfield, TN 37172-2824

Property Details for 607 Locust St

Year built

1974

Lot size

0.09 lot acres

Property size

2,726 SF

Property type

Office Properties & Spaces

APN

074080J B 02000

APU

074080JB02000

Description

This exceptional 5,550 square foot commercial building is situated in Springfield's Historic District, just one block from the town square. The property boasts a lucrative mixed-use configuration, currently housing a thriving law firm and a day spa. The building offers significant income potential with a fully renovated, 1,200 square foot, two-bedroom, one-bathroom apartment on the second floor, renting for $1,300 per month. This apartment features a separate entrance, providing privacy and convenience for the tenant. The ground floor comprises approximately 2,330 square feet dedicated to the law firm, featuring seven private offices (each approximately 16' x 14'), a conference room, a kitchen, and a bathroom. Adjacent to the law firm is a 1,980 square foot day spa, complete with a lobby, three private treatment rooms, a laundry room, and a bathroom. The property includes a convenient parking lot with space for twelve vehicles. This unique opportunity combines the benefits of a prime location in a historic district with the consistent income generated by multiple tenants, making it an attractive investment for discerning buyers. The 0.22-acre lot provides ample space for the building and parking. This property is ready for immediate occupancy and offers a strong return on investment.