Missouri
Springfield
1815 North Glenstone Avenue

$450,000

1815 North Glenstone Avenue, Springfield, MO 65803

2 baths |
3,034 sqft

Commercial Property
Built in 1984
0.74acre lot
—— car garage
$148/sqft
Listed 1 month ago

Property Description

Prime commercial opportunity in high-traffic corridor! This 3,034 SF freestanding retail/restaurant building is ideally situated on a 0.74-acre signalized corner lot along Glenstone Ave—one of Springfield's busiest thoroughfares with daily traffic counts exceeding 32,000 VPD. Zoned HC, this property offers maximum exposure and accessibility with three ingress/egress points and full drive-thru capability. The building is serviced by three HVAC units and has access to gas, electric, public water/sewer, and high-speed internet. Site offers ample surface parking and features a new HVAC. Purcell Tire has a 3-year lease with (3) 3-year extensions, with 2.5% increases each year. First year rent is $42,000 NNN annually. Offered at a 9.3 CAP rate. Don't miss this high-visibility, high-impact commercial asset in a thriving part of Springfield.

Listing Status:: Active
Date Added:: June 18, 2025 at 05:00AM
Listing Office:: Keller Williams : klrw369@kw.com
Listing Agent:: Adam Graddy : 417-501-5091
MLS ID:: 60297382

A/C: CentralElectric
Heating: Forced AirGas

This listing courtesy of Adam Graddy, Keller Williams

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Weller Elementary School

1630 N Weller Ave, Springfield, MO, 65803

Grades KG-5

0.36 miles away

Reed Academy

2000 N Lyon Ave, Springfield, MO, 65803

Grades 6-8

1.81 miles away

Central High School

423 E Central St, Springfield, MO, 65802

Grades 9-12

1.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.