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National Audio 309 E Water St

132,000 SF Industrial Building Springfield, MO 65806 £5,135,065 (£39/SF)

Investment Highlights

  • Meets and exceeds city and fire codes
  • Open floorplan
  • Zoned M-l
  • Lots of Natural light
  • conveyor system between floors

Executive Summary

This is an exceptional opportunity to purchase the National Audio Building and 0.22 acres adjacent from the building . This incredible 132,000 sq. ft. commercial property boasts a timeless design, featuring reinforced concrete floors, spacious interiors, and solid brick construction that sets it apart. With 10 loading docks, multiple elevators, and potential railroad access, this building offers versatility for various business operations. Explore the endless possibilities in this M-1 zoned property, ideal for owner/user investment. Situated in downtown Springfield, with plans approved for the "Renew Jordan Creek Project" with includes a riverwalk providing additional value. Future conversion potential into lofts aligns perfectly with the vision for this vibrant area. Also the Missouri State University Bear Line (student bus service) operates in close proximity, and several campus facilities are easily accessible on foot.This would also be a great building to convert into an indoor storage building. Don't miss your chance to own this amazing property! The seller is very motivated!

Attachments

309 Water Cover Sheet139

Data Room Click Here to Access

  • Market Information
  • Operating and Financials
  • Third Party Reports
  • Miscellaneous

Property Facts

Price £5,135,065 Rentable Building Area 132,000 SF
Price Per SF £39 Number of Floors 9
Sale Type Investment or Owner User Year Built 1917
Sale Conditions Development Sale Tenancy Single
Property Type Industrial Parking Ratio 0.27/1,000 SF
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • OfficeLoft Creative Space
 No. Dock-High Doors/Loading 10
Building Class B Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.72 AC
Price £5,135,065
Price Per SF £39
Sale Type Investment or Owner User
Sale Conditions Development Sale
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.72 AC
Rentable Building Area 132,000 SF
Number of Floors 9
Year Built 1917
Tenancy Single
Parking Ratio 0.27/1,000 SF
No. Dock-High Doors/Loading 10
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Security System
  • Signage
  • Reception
  • Storage Space
  • Fluorescent Lighting
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
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Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 13-24-208-002 Improvements Assessment £687,775
Land Assessment £28,646 Total Assessment £716,421

PROPERTY TAXES

Parcel Number
13-24-208-002
Land Assessment
£28,646
Improvements Assessment
£687,775
Total Assessment
£716,421

zoning

Zoning Code M-1 (Anything can occupy the space)
M-1 (Anything can occupy the space)
(417) 844-4908

  • Listing ID: 27723973

  • Date on Market: 10/02/2023

  • Last Updated:

  • Address: 309 E Water St, Springfield, MO 65806

The Industrial Property at 309 E Water St, Springfield, MO 65806 is currently available For Sale. Contact Remax House of Brokers for more information.

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© 2024 CoStar Group

National Audio | 309 E Water St
(417) 844-4908 x

National Audio | 309 E Water St

Joe Cooper

(417) 844-4908

(417) 844-4908

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