Open-Plan Office
For Lease
$750-$1,300/Mo NNN
400 E Walnut Street, Springfield, MO 65806
Commercial Lease, Springfield, MO
Space Size600 SF - 1,230 SF
Lot Size0.25 Acres
Days on Market217
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
(417) 581-5555
Listed By:
Sonya L Wells Atwell
(417) 839-4330
Added: Feb 2
Changed: Sep 3
Last Checked: Sep 7 at 8:06AM
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.
This three-story commercial building, constructed in 1915, contains office and apartment spaces connected by a marbled atrium. The available suites feature open layouts with stained concrete flooring and restroom access. Suite 124 measures approximately 1,230 square feet and includes a kitchenette, while Suite 128 measures approximately 600 square feet and has open storage. Suite 128 includes utilities, with NNN lease terms applying.
The property occupies the corner of East Walnut Street and Jefferson Street in Springfield. The surrounding area includes government offices, restaurants, entertainment venues, college-related activity, and nearby businesses such as Missouri State University, Hotel Vandivort, Springfield Brewing Company, and History Museum OnTheSquare. Residential tenants have access to a rooftop patio.
The property occupies the corner of East Walnut Street and Jefferson Street in Springfield. The surrounding area includes government offices, restaurants, entertainment venues, college-related activity, and nearby businesses such as Missouri State University, Hotel Vandivort, Springfield Brewing Company, and History Museum OnTheSquare. Residential tenants have access to a rooftop patio.
Key Highlights
- Suite 124 offers approximately 1,230 SF with an open layout, stained concrete flooring, restroom, and kitchenette
- Suite 128 provides approximately 600 SF with open storage, stained concrete flooring, open layout, and one bathroom
- Three‑story building constructed in 1915
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,214
Businesses Nearby
Explore this area
Business Placement
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
$14.16 /SF/Yr
Avg Asking Price
$7.22–$22.56 /SF/Yr
Price Range
7,270 SF
Avg Space Size
This space is priced 2% below the average of $14.16 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Two suites provide stained concrete floors, restrooms, and either a kitchenette or open storage.
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: Suite 124 offers approximately 1,230 SF with an open layout, stained concrete flooring, restroom, and kitchenette; Suite 128 provides approximately 600 SF with open storage, stained concrete flooring, open layout, and one bathroom; Three‑story building constructed in 1915
