435 E Walnut St - Commercial LAND FOR SALE


Springfield, MO 65806- Downtown Springfield21,344 SF
$549,000 USD
417-888-3231
435 E Walnut St, Springfield, MO for Sale
$549,000 USD
Commercial LAND - FOR SALE
1/3
21,344 SF

435 E Walnut St
Springfield, MO 65806
Downtown Springfield


HIGHLIGHTS

  • Located near MSU campus, Government Plaza, multi-family housing, restaurants,Cadinal Stadium and Hammons Preforming Art Center,
  • 40,000 students in market area
  • 25,000 residents within 3 miles
  • Zoned Center City; taxed as residential
  • Center City zoning aims to balance both residential and commercial development,

OVERVIEW

Current building can be demolished, offering an excellent opportunity to build a new successful income producing investment. Downtown Springfield is active and dynamic. A great place to work, live and play. An Airbnb is considered highest and best use for this Victorian-era property (circa 1881) located in Center City near S. Jefferson & E. Walnut. Previously used as mixed office/residential income property. Minutes from Missouri State University main campus, Cardinal Ballpark, Federal Court House, local and State offices,, and Hammons Center for the Preforming  Arts, walking distance to restaurants, art galleries, shopping, theatres, clubs , apartments, office buildings and student housing. Features include high ceilings, wood and new carpeted floors, updated paint and wallpaper, period fireplaces and fixtures, natural light, full kitchen, six bathrooms, and fire alarm pre-wiring. Listed on the National Register of Historic Places since 1984. Property possibly eligible for city, county, state & federal incentive programs.  Many seller improvements have been made over the years including new plumbing, electrical and air conditioning. There are five universities near–by with an enrollment of approximately 40,000 day and evening students. An additional 25,000 people work in the Central Business District. +/-19,000 people live within a 1 mile radius. Pro-Forma available upon request.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/ACRE

$1,120,408/AC

PRICE/SF

$26 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Hospitality, Single Family Residence

LAND ACRES

0.49 AC

LAND SF

21,344 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

Center City (CC)

APN/PARCEL ID

13-24-240-005

ASK ABOUT THIS PROPERTY

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417-888-3231

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Skip LiebmanReece CommercialMore Info
417-888-3231

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