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Retail Warehouse Facility 707 N Grant Ave

25,706 SF Retail Building Springfield, MO 65802 $1,950,000 ($76/SF)

Investment Highlights

  • Great Retail Sales and Warehouse Facility.
  • Main Building 25,706 sf m/l, 2nd Building/Warehouse 9,900 sf m/l
  • Completely Fenced Yard
  • Hard Signalized Intersection
  • Dual Zoning - CS Commercial Services and IC Industrial Commercial
  • Over 500ft of Chestnut Expressway Frontage- 24,115 VPD

Executive Summary

Retail Sales office and warehouse facility excellently located along the SW corner of Chestnut Expressway and Grant Avenue. This fully fenced property consists of a main building with approx. 15,806 sf of retail sales/showroom/warehouse, multiple offices, parts room, conference room, break room, 3 restrooms, and 2 inclusive warehouses with variable joist heights. Warehouses have 3 ground level overhead doors (21'w x 12'h - 7'w x 10'h - 12'w x 14h'). There is an additional free standing, unheated warehouse built in 1988 of approx. 9,900 sf with 3 ground level OH doors (10'w x 12' h - 16'w x 14' h - 10'w x 10' h); also, five 8' x 8' dock doors (3 w/levelers). Ceiling is 18' to joist. Electric only. Zoning is both ''CS'' Commercial Services and ''IC'' Industrial Commercial. The 2021 taxes are: $ 13,630.43 Tenant leased til 6-2025.
This listing also includes parcel #881314430041 which is a 28,828 sq ft parking lot across the street at 714 W Chestnut St. Z
Currently both properties are Tenant occupied. Call for NDA for Lease Information.
Call agent for appointment, 24 hour notice with listing agent required. Contact agent for Owners names on all offers.

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes $13,732 $0.53
Operating Expenses $1 $0.00

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual $13,732
Annual Per SF $0.53
Operating Expenses
Annual $1
Annual Per SF $0.00
Total Expenses
Annual $13,733
Annual Per SF $0.53

Property Facts Under Contract

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,706 SF
Year Built
1956
Price
$1,950,000
Price Per SF
$76
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Land Acres
2.53 AC
Opportunity Zone
Yes
Zoning
CS/IC - CS- Commercial Services allows most retail uses IC- Industrial Commercial allows combinations of both.
Parking
20 Spaces (0.78 Spaces per 1,000 SF Leased)
Frontage
275 FT on Grant/Chestnut St

Amenities

  • Corner Lot
  • Fenced Lot
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
88-13-14-431-014
Land Assessment
$68,860 (2024)
Improvements Assessment
$103,360 (2024)
Total Assessment
$172,220 (2024)
Annual Taxes
$13,732 ($0.53/SF)
Tax Year
2023 Payable 2023
  • Listing ID: 22882842

  • Date on Market: 4/30/2021

  • Last Updated:

  • Address: 707 N Grant Ave, Springfield, MO 65802

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