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    916 E Walnut St Springfield, MO 65806

    New
    For Sale
    $350,000

    Commercial Sale - Springfield, MO

    Property size:
    2,900 SF
    Lot size:
    0.25 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 916 E Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    INC
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    APN
    1324112024
    Parking features
    Paved or Surfaced
    Size
    2,900 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1903
    Number of units
    3
    Roof type
    Composition
    Architectural style
    Other

    Greater Springfield Realty, LLC (Keller Williams) (417) 883-4900 [email protected]

    Listing agent Mina L Sorey (417) 883-4900 License #2020017380

    Listing date Dec 9, 2025

    MLS# 60311440 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Walnut Street Commercial Property

    Located on Historic Walnut Street, this property has a history dating back to 1903 and has served various purposes under different owners. Most recently, it has been utilized as part of the Walnut Street Inn bed and breakfast. The current configuration includes a ground-level apartment featuring one bedroom, a living area, a full kitchen, a full bathroom, and laundry facilities. The second floor, accessible via an outside entrance, comprises two large bedrooms, each with an en suite bathroom. The outside entrance can be modified to facilitate the use of the home as a single unit. The property is suitable for nightly rentals or furnished room/apartment rentals through online platforms. The property is currently in use as additional rooms for The Walnut Street Inn. The property is zoned INC and has a lot size of 0.25 acres. The building size is 2900 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rader Manor, Pi Kappa Alpha - Zeta Chi House, 400 Place, Wheeler's lofts, New Beginnings Sanctuary

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.28142
    Latitude
    37.206406

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    FAQs

    What type of property is this?
    Bed & breakfast - Historic property with flexible configuration and income potential.
    Where is this bed & breakfast located?
    The property is located at 916 E Walnut St Springfield, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Historic property built in 1903 on Walnut Street.; - Versatile property with potential for single-family use, nightly rentals, or furnished room/apartment rentals.; - Ground level features a 1-bedroom apartment with living area, full kitchen, full bathroom, and laundry.
    (417) 883-4900
    Request Owner's contact information
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    Springfield, MO 65806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    916 E Walnut St Springfield, MO 65806
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