Listing provided courtesy of Alpha Realty MO, LLCMLS# 60315575MLS Provider
  • 132 days on site
  • 151 views

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 stability and historic appeal. Please note, DO NOT DISTURB TENANTS

Source: Southern Missouri MLS, MLS#: 60315575

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  • Property Type
    Commercial Sale
  • Lot
    0.06 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 412 South Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/27/2026Source: Southern Missouri MLS Status Change
Pending
2/17/2026Source: Southern Missouri MLS Added to Database
February 17, 2026