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Historic Office Building
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 Market535

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 3, Bathroom 1, Bathroom 2
View City
Directions South on National from Chestnut Expressway, property on corner of National and Walnut.
Standard status Active
APN 1219206039
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2024
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 8945
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
Heating system Natural Gas, Radiant, Forced Air
Cooling system Central Air, Electric

Amenities

conference room
waiting/living room
kitchen
detached two car garage

Building Details

Year built 1911
Number of units 1
Roof type Asphalt
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Adam Graddy · License #2004014961
Added: Mar 6, 2025 Changed: Aug 19 Last Checked: Aug 23 at 4:06AM
MLS# 60288519

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 two-story office building combines a brick exterior and limestone detailing with a practical interior layout. The property includes 9 office spaces, an open workspace on the upper level, 3 full bathrooms, a conference room, a waiting or living room, and a kitchen. A detached two-car garage provides additional storage, while the site includes a 0.44-acre lot and parking for 16-20 vehicles.

The building occupies the corner of Walnut and National in Springfield’s Walnut Street Historic District. Daily traffic exceeds 20,000 cars, and the property is near restaurants, retail, Missouri State University, and Downtown Springfield. Zoning is designated INC. Heating includes natural gas, radiant, and forced air systems; cooling is provided by central air and electric equipment.

Key Highlights

  • 1911 two‑story office building with brick exterior and limestone accents
  • 0.44‑acre corner site at Walnut and National
  • 9 office spaces plus an open upper‑level workspace

Property Analytics

Current Use

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

Suggested Use

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

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

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

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?
Office building - Two-story office property with meeting areas, parking, and a detached garage in Springfield’s Walnut Street Historic District.
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 two‑story office building with brick exterior and limestone accents; 0.44‑acre corner site at Walnut and National; 9 office spaces plus an open upper‑level workspace
More about this property
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