412 South Avenue, Springfield, MO 65806 (MLS# 60315575)

412 South Avenue, Springfield, MO 65806

$635,000

Property Type: Commercial-All Types Baths: 4 Square Footage: 4,100 Lot Size (sq. ft.): 2,614 Status: Pending

Current Price: $635,000 List Date: 2/17/2026 Last Modified: 6/27/2026

Overview

Description

Located in the heart of Downtown Springfield, 412 South Ave offers a rare opportunity to acquire a fully leased mixed-use asset combining stabilized income with historic character. The property features restored historic retail space on the ground floor with two beautifully finished loft apartments above, blending timeless architecture with modern updates from renovations completed in the 2010s. Both the retail and residential components are fully occupied, with exceptionally low vacancy over the past six years, providing consistent, proven cash flow. The lofts showcase the charm tenants seek in downtown living, while the street-level retail benefits from strong pedestrian presence and established surrounding businesses. Positioned within a designated Opportunity Zone and carrying historic status eligibility, the property also presents potential tax advantages for investors while preserving long-term appreciation upside. A turnkey, income-producing downtown asset with built-in st ... (Read more)

Listing Details MLS# 60315575

Contract Information

Property Sub-Type: Retail
Construction Status: Existing
Begin Date: 2026-02-17
Transaction Type: Sale
List Price/SqFt: 154.88
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Sign on Property: Yes

Location Tax and Other Information

Street #: 412
Street Name/Route: South
Suffix: Avenue
County: Greene
State/Province: MO
Zip Code: 65806
Parcel ID: 1324226024
Real Estate Tax: 6964.15
Tax Year: 2025
Legal Description: Italian Trading Company Subdivision Lot 2
Zoning: INC

General Property Description

Baths - Total: 4
Total SqFt: 4100
SqFt - Retail Space: 2050
Aprx Year Built: 1888
Aprx Lot Size (Acres): 0.06
Lot Dimensions: Acres
Waterfront/View: None
Lake/River: None
SqFt - Vacant: 0
SqFt - Office Space: 0

Remarks Misc

Directions: From Square, South on South Ave to property on East side of street.

Status Change Info

Under Contract Date: 2026-06-27

Listing Info

Owner Agent: No

More Information

Location, Tax and Other Information

Inside City Limits: Yes

Listing Office: Alpha Realty MO, LLC

Last Updated: June - 27 - 2026

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