2651 N Glenstone Ave - Restaurant FOR SALE


Springfield, MO 65803- Outer North Springfield
$1,550,000 USD
573-489-3589
2651 N Glenstone Ave, Springfield, MO for Sale
$1,550,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

NEW


2651 N Glenstone Ave
Springfield, MO 65803
Outer North Springfield


HIGHLIGHTS

  • Former Bob Evans site with strong restaurant infrastructure
  • Positioned along Glenstone Avenue with 64,706 daily vehicles
  • Surrounded by national retailers, hotels, and dining anchors
  • Freestanding building with ample on-site parking

OVERVIEW

Located along one of Springfield’s most dynamic commercial corridors, the freestanding restaurant property at 2651 N Glenstone Avenue offers a prime opportunity for owner-users or investors seeking visibility, access, and proximity to major retail anchors. Formerly home to Bob Evans, this 5,117 SF building sits on approximately 1.51 acres and benefits from exceptional frontage and signage potential along Glenstone Avenue, where traffic counts exceed 64,000 vehicles per day. The site is surrounded by national brands including Walmart, Applebee’s, Culver’s, Whataburger, and Drury Inn & Suites, creating a high-volume destination for both locals and travelers. With three major traffic arteries nearby—Glenstone Avenue, Interstate 44, and U.S. Bicycle Route 66—the property is ideally positioned for restaurant, retail, or redevelopment use. Ample parking and easy ingress/egress further enhance its appeal. Demographics within a 5-mile radius include over 114,000 residents and nearly 50,000 households, with average household incomes exceeding $60,000. The property’s location within Springfield’s northeast retail district ensures strong daytime traffic and consistent consumer demand. Whether repositioned for a new concept or retained as a restaurant, this asset offers a compelling blend of location, scale, and market fundamentals.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

INC.

APN/PARCEL ID

12-06-401-100

ASK ABOUT THIS PROPERTY

Donna MaxwellKolb PropertiesMore Info
573-489-3589

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Donna MaxwellKolb PropertiesMore Info
573-489-3589

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.