400 Walnut StSpringfield, MO 65806

For Lease
$12-$52.70 /SF/YR

Historic building, 6,143 sqft, multiple spaces available

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 6,143-square-foot commercial property, located at 400 W Walnut St in Springfield, Missouri, presents a unique investment opportunity. Built in 1913, this two-story building boasts a prime location in Greene County's Center City, zoned accordingly. The entire 6,143 square feet is currently vacant, offering flexibility for a variety of uses. The property sits on a 0.046-acre lot and features multiple spaces ranging from 148 to 2,225 square feet, ideal for executive offices or retail ventures. The building's history adds character and charm, while its central location provides excellent visibility and accessibility. The property is available for sale at $550,000 ($89.53 per square foot) or lease at $12.00 per square foot (Modified Gross). Real estate taxes for 2021 were $6,266.36. The property's APN is 1323147025. This is a rare chance to acquire a well-situated, historic building in a thriving downtown area. The flexible space and central location make this property an attractive option for both investors and businesses seeking a unique and established presence in Springfield.

Highlights

  • Downtown Springfield Office/Retail Space Available for Sale or Lease.
  • First Floor Leased.
  • Second Floor: Six offices and a conference room.
  • Asking Price: $550,000 ($89.53/SF).
  • Lease Rate: $12.00/SF Modified Gross.
  • 2021 Real Estate Taxes: $6,266.36.

Property Details for 400 Walnut St

Property type
Other retail properties, Other office properties
RSF (Rentable sq. ft)
6,143 SF
Year Built
1913
Stories
2

Unit(s) available at that property

Space
2nd Floor
Size
2,225 SF
Rate per SF
$12
Space
Suite B
Size
156 SF
Rate per SF
$50
Space
Suite A
Size
248 SF
Rate per SF
$38.70
Space
Suite C
Size
235 SF
Rate per SF
$33.19
Space
Suite D
Size
148 SF
Rate per SF
$52.70
Space
Suite E
Size
248 SF
Rate per SF
$31.45

Location Insight

City
Springfield
County
Greene
State
Missouri
Latitude
37.2070636
Longitude
-93.2944063
400 Walnut St, Springfield, Missouri

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400 Walnut St
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