About This Home

This 0-bedroom, 7-bathroom commercial at 1950 S Glenstone Avenue in Springfield, MO is listed for $1,140,000. Built in 1966, on a 0.01 acres lot.

Key Features

  • Built in 1966
  • 0.01 acre lot

Property Details

7 full
1966
Listing Description

Prime South Glenstone commercial investment opportunity with exceptional visibility and long-term upside. Positioned just south of Plaza Shopping Center on one of Springfield's busiest commercial corridors with approximately 40,000 vehicles per day, this multi-tenant retail center offers an excellent opportunity for both investors and owner-users.

The property is currently occupied by 6 tenants across 7 retail suites, providing immediate income with the flexibility to lease additional space or occupy a suite for your own business. Several leases present future opportunities to increase rental income, allowing a new owner to enhance cash flow over time as market rents continue to strengthen.

The center features excellent frontage, ample on-site parking, large storefront windows, and outstanding exposure to high daily traffic. Surrounded by established national and local retailers, restaurants, and service businesses, this location benefits from strong consumer traffic and sustained demand.

Whether you're looking to add a value-add commercial asset to your portfolio or establish your business in a highly visible location while generating rental income from the remaining suites, this South Glenstone property offers outstanding potential in one of Springfield's premier commercial corridors.

Monthly Cost Estimate

$6,097/mo

20% down · 6.5% · 30 years

Principal$824
Interest$4,940
Insurance$333

Estimates only. Actual payments may vary.

Location

1950 S Glenstone Avenue

Springfield, MO 65804

Questions & Answers

This 0-bedroom, 7-bathroom commercial at 1950 S Glenstone Avenue is listed at $1,140,000. The estimated monthly payment is $6,097 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1966, 0.01 acre lot.

This property is listed by Adam Graddy.

AG

Adam Graddy

Agent at Greater Springfield Realty, LLC (Keller Williams)

Listed by Greater Springfield Realty, LLC (Keller Williams) · Broker phone: (417) 883-4900 · Broker website

MLS# 60329925· Source: Southern Missouri Regional MLS, LLC (SOMO)· 94 days on PropertySimple

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1950 S Glenstone Avenue, Springfield, MO 65804

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