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Drive-Through Bank Building
For Sale
$385,000

532 E Walnut Street, Springfield, MO 65806

SINGLE_FAMILY - Springfield, MO

Property SizeContact for details
Lot Size0.35 Acres
Days on Market153

Property Features for 532 E Walnut Street

General Information

Property type Residential
Property subtype Retail
Zoning INC
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Fencing Chain Link
Lot features Level
View City
Directions From the intersection of Kimbrough & Walnut, go west approximately 80 feet to driveway of building. Driveway on south side of Walnut.
Standard status Active
APN 1324242042
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KIMBROUGH ADD BEG 10 FT W & 9.27 FT N NW COR LOT 4 S 220.11 FT E 70 FT N220.11 FT WLY TO BEG
Tax Annual Amount 3787
Legal Description KIMBROUGH ADD BEG 10 FT W & 9.27 FT N NW COR LOT 4 S 220.11 FT E 70 FT N220.11 FT WLY TO BEG

Utilities

Utilities Water Available
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

basement vault
bulletproof glass

Building Details

Year built 1960
Roof type Flat
Listing Agency: Murney Associates - Primrose
Listed By: Heintz & Nunn Group · License #2014005951
Added: Mar 6 Changed: Aug 2 Last Checked: Aug 6 at 1:06PM
MLS# 60317253

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.

Located at 532 E Walnut Street in Springfield, MO (Greene County), this bank building was designed by local architect Joe Amspacher and built in 1960 as the Southern Missouri Trust Company's Motor Bank. The property features concrete construction with a basement vault that remains in place, along with a Tennessee Crab Orchard stone exterior. Architectural details include bold six-foot overhangs and original bulletproof glass.

The building includes heating with natural gas, forced air, and central air cooling. A flat roof tops the structure, and chain link fencing is in place. Public utilities include water available.

The layout and construction are geared toward security-minded use and adaptable reuse. With its distinctive mid-century modern character and durable, vault-built foundation, the property can be considered for a range of commercial concepts that benefit from a flexible, substantial structure.

Key Highlights

  • Bank building built in 1960 as the Southern Missouri Trust Company's Motor Bank
  • Basement vault remains in place
  • Concrete construction with Tennessee Crab Orchard stone exterior

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Catering Service Pet Grooming Service 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.

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bank - Built in 1960 with a basement vault, bulletproof glass, and a concrete exterior under INC zoning.
Where is this bank located?
The property is located at 532 E Walnut Street Springfield, MO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Bank building built in 1960 as the Southern Missouri Trust Company's Motor Bank; Basement vault remains in place; Concrete construction with Tennessee Crab Orchard stone exterior
More about this property
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