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Historic Office Building
New
For Sale
$595,000

1201 E Walnut Street, Springfield, MO 65802

Commercial Sale, Springfield, MO

Property SizeContact for details
Lot Size0.44 Acres
Days on Market2

Property Features for 1201 E Walnut Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning INC
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Lot features Sidewalk(s)
View City
Directions From Sunshine street head north on National Ave. property will be on the right, North East corner of National and Walnut Street.
Standard status Active
APN 1219206039
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HAWTHORNE ADD .43A M/L BEG SW COR LOT 10 E 81.63 FT N 175.45 FT E 13 FT N 55.97 FT W 97.02 FT S TO BEG
Tax Annual Amount 8678
Legal Description HAWTHORNE ADD .43A M/L BEG SW COR LOT 10 E 81.63 FT N 175.45 FT E 13 FT N 55.97 FT W 97.02 FT S TO BEG

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 1911
Roof type Asphalt
Listing Agency: Murney Associates - Primrose
Listed By: Langston Group · License #2017005672
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 17 at 3:06PM
MLS# 60334081

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.

Built in 1911, this office property occupies 0.44 acres and is currently arranged with nine office spaces and three bathrooms. Two front entry points, including one serving the second floor, support separation into distinct areas. Interior details include hardwood floors, ornate fireplaces and mantels, historically accurate bathroom finishes, and custom kitchen cabinetry. A wraparound front porch adds exterior gathering space, while central air and an asphalt roof support the existing improvements.

The property is located at 1201 E Walnut Street in Springfield, near Missouri State University, downtown, and the Rountree neighborhood. A paved parking area accommodates 16+ vehicles, and a detached two-car garage provides additional covered space. Current office use operates under a special use permit.

Key Highlights

  • 1911 construction with preserved hardwood floors, ornate fireplaces, mantels, and period architectural details
  • Nine office spaces and three bathrooms in the current configuration
  • Two separate front entrances, including direct access to the second story

Property Analytics

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Current Use

SignalPoint Asset Management, ... Financial Advisor Hoffman Carolyn Insurance Agency Greenworks Creative Landscapes General Contractor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Locksmith Skin Care Clinic Cosmetic Store 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

9
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby

Demographics for 65802, MO

48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - 1911 office property with separate entrances, preserved architectural details, on-site parking, and a detached garage.
Where is this office building located?
The property is located at 1201 E Walnut Street Springfield, MO.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 1911 construction with preserved hardwood floors, ornate fireplaces, mantels, and period architectural details; Nine office spaces and three bathrooms in the current configuration; Two separate front entrances, including direct access to the second story
More about this property
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