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$3,500,000 | N/A beds | N/A full baths | N/A half baths | 16,626 sqft

$3,500,000 No Recent Price Change
940 South National Avenue
Springfield, MO 65804
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 16,626SqFt
  • 1978Year Built
  • 0.66Acres
  • MLS# 60218528
  • Commercial Industrial
  • Other
  • Pending

  • Approx Time on Market2 months, 18 days
  • AreaN/A
  • CountyGreene
  • SubdivisionNormal View Place

Overview

MIXED USE STUDENT HOUSING PACKAGE SALE (will only sell with 920 S National MLS 60218527).Once in a lifetime opportunity to purchase two properties on the eastern edge of Missouri State University Campus. 940 S National is zoned limited business and is a mix of retail/office and apartments (two 3-bedroom and the 2-bedroom). Building is currently 95% occupied with all apartments leased through July 2023. Retail tenants include PeopleReady (corporate guaranteed by TrueBlue) and Missouri State Chi Alpha Campus Ministries. Present owners offer apartments in both buildings by the unit with cable, internet, and utilities included.920 S National has eight 4-bedroom 2-bathroom units. 100% leased through July 2023. Possible upside if leased by the bedroom. Price listed includes both properties.


Association Fees / Info

Bathroom Info

Total Baths:  12.00

Building Info

Roof:  Flat Roof, Rubber

Year Built:  1,978

Business Type:  Apartments,Church,Office,Retail

Fees / Restrictions

Allowmobiles:  E Belmont

Financial

Transaction Type:  Sale

Garage / Parking

Parking Type:  20+ Spaces, Parking Area, Paved, Private Drive

Lot Info

Acres:  0.66

Marina Info

Misc

Miscellaneous:  1 Phase, 220 Power, 3 Phase, Basement, Fire Alarm, Living Area in Building, Private Restrooms, Security Lighting, Sign-Pole, Smoke Detectors, Sprinkler, Sump Pump, Water Heater-Electric

Inside City Limits:  Yes

Other

Curb Cuts Available:  Two

Foreclosure:  No

Other Rooms Info

Property Info

View:  City

Efficiency Units:  750.0

View:  No

County:  Greene

Property Type:  E

Zoning:  LB

Rental Info

Vacancy:  5.00

SqFt Info

Sqft Retail Space:  11,084

Sqft:  16,626

Price Per Sqft:  211

Tax Info

Re Tax Provided By:  Assessor Records

Tax Year:  2,021

Unit Info

Num Units:  10

Utilities / HVAC

Heating:  Electric, Forced Air, Heat Pump

Utilities Available:  Electric, High Speed Internet Access, Public Sewer, Public Water, Separate Meters

Cooling:  Central

Waterfront / Water

Waterfront View:  None

Lake River:  None

Courtesy of listing office Murney Associates - Primrose 

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Price & Status History (on sunsetrealtyservices.com since Mon, May 23rd 2022)
  • Original Price: $0
  • Current Price: $3,500,000
  • Price Increased: $3,500,000
Date ChangedFromTo
07/30/2022ActivePending

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