1308 Springfield RD Pending

Ava,MO 65608

$ 425000

- Bed

4 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SOM60301136

Full Baths 4

Year Built 1975

Annual Tax Amount $3,076

Tax Year 2024

Lot Size 0.410 Acres

Property Sub-Type Retail

Property Description

Prime Commercial Investment OpportunityTake advantage of this 4,830 sq ft commercial building offering four separate rental units and a gross monthly income of $3,450. Strategically located directly across from Wal-Mart and surrounded by well-established businesses, this property benefits from high visibility and heavy traffic flow--ideal for consistent tenant demand.Highlights include:Stable tenancy: No turnover or late payments in the past 10 yearsStrong lease structure:One unit under a 5-year leaseOne unit with a 4-year leaseTwo units on month-to-month agreementsExcellent location: High-traffic commercial corridor near national retailers and service providersWhether you're looking to expand your investment portfolio or secure a reliable income-producing property, this opportunity offers long-term value and minimal management headaches.

Location

State MO

County Douglas

Area 4830

Interior

Heating Forced Air,Propane,Electric

Cooling Central Air

Exterior

Parking Features Paved,11-15 Spaces

Utilities Available Sewer Available,Electricity Available,Water Available

Waterfront Description None

Roof Type Metal

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