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Office Suite with Stained Concrete Floors
For Lease
$750-$1,300/Mo NNN

400 E Walnut Street, Springfield, MO 65806

COMMERCIAL - Springfield, MO

Space Size600 SF - 1,230 SF
Lot Size0.25 Acres
Days on Market196

Property Features for 400 E Walnut Street

General Information

Property type Commercial Lease
Property subtype Office
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Directions From I-44 or US-65, travel toward downtown Springfield and take the Walnut Street exit. Turn right onto East Walnut Street and continue approximately 0.2 miles. 400 E Walnut will be located on the right side of the street in downtown Springfield, near the public library and Washington Avenue.
Standard status Active
APN 1324242014
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG SE COR JEFFERSON & WALNUT STS E 87.7 FT S 131.7 FT W TO JEFFERSON ST N TOBEG
Tax Annual Amount 33042
Legal Description BEG SE COR JEFFERSON & WALNUT STS E 87.7 FT S 131.7 FT W TO JEFFERSON ST N TOBEG

Amenities

marbled atrium

Building Details

Year built 1915
Listing Agency: The Firm Real Estate, LLC
Listed By: Sonya L Wells Atwell · License #2025028715
Added: Feb 2 Changed: Aug 4 Last Checked: Aug 17 at 11:06AM
MLS# 60314566

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.

Investment Insights

Based on property information with market context.

Two office suites are available in a three-story building built in 1915, featuring a marbled atrium connecting the spaces. Rooftop patio access is available for residential tenants, while the office suites offer open layouts and polished, stained concrete flooring. Suite 124 (+/- 1,230 SF) includes an open floor plan, a restroom, and a kitchenette. Suite 128 (+/- 600 SF) includes an open floor plan, one bathroom, and an open storage space.

The property is located at 400 E Walnut Street on the corner of Walnut and Jefferson in downtown Springfield, Missouri. The surrounding area includes government offices, shops, restaurants, entertainment venues, and college life, with Missouri State University and multiple local businesses nearby.

The building sits on a 0.25-acre lot, and the available suites are offered for lease with NNN noted in the property details. Utilities are included for Suite 128.

Key Highlights

  • 0.25‑acre, three‑story office building built in 1915
  • Marbled atrium plus rooftop patio access for residential tenants
  • Suite 124 (+/- 1,230 SF): open plan, restroom, kitchenette, stained concrete flooring

Property Analytics

Current Use

Jones & Musgrave Law Firm VIRAGOS, LLC Counselor The Wealth Conservatory Financial Advisor 400 Place Apartments Apartment Building The Merry Moore Clothing Store

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Tanning Salon Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,215
Businesses Nearby

Demographics for 65806, MO

12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
Median Home Value

Market

Lease Benchmarks for Springfield, MO

$14.38 /SF/Yr
Avg Asking Price
$8–$22.56 /SF/Yr
Price Range
8,388 SF
Avg Space Size

This space is priced 4% below the average of $14.38 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two office suites for lease in a 3-story building with marbled atrium and stained concrete flooring.
Where is this office units located?
The property is located at 400 E Walnut Street Springfield, MO.
What is the lease rate?
The lease rate is $2,050/Mo.
What are key features of this property?
This property features: 0.25‑acre, three‑story office building built in 1915; Marbled atrium plus rooftop patio access for residential tenants; Suite 124 (+/- 1,230 SF): open plan, restroom, kitchenette, stained concrete flooring
More about this property
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