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Downtown Office Suites
For Lease
$2,500/Mo

400 South Avenue, Springfield, MO 65806

Two office spaces are available within a building at Walnut and South Avenue.

Space Size959 SF - 1,714 SF
Property Size4,500 SF
Days on Market1181

Property Features for 400 South Avenue

General Information

Standard status Active
Size 959 SF - 1,714 SF
Net Rentable 959 SF

Space & Availability

Available Space 959-1,714 SF
Space Use Office

Site & Location

Neighborhood West Central

Taxes and HOA fees

Annual Taxes $24,132

Building Details

Building Size 4,500 SF
Year Built 1897
Listing Agency: Murney Associates - Primrose
Listed By: Jamie Tillman
Source: Jimhutchesonrealtors
Added: Aug 8, 2023 Changed: Oct 30 Last Checked: Oct 30 at 1:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Murney Associates - Primrose

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Investment Insights

Based on property information with market context.

The 1897 building offers two office suites: Suite 210 measures 1,714 square feet, while Suite 220 provides 959 square feet. The spaces are located at the Walnut and South Avenue intersection in downtown Springfield.

Nearby businesses and destinations include Bruno's, Black Sheep, Pappo's, Gailey's, and Springfield Little Theatre. The Moxy Hotel, described as a future project by O'Reilly Hospitality, is also identified in the surrounding area.

Key Highlights

  • Suite 210: 1,714 square feet
  • Suite 220: 959 square feet
  • Built in 1897

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Steve's Green Chili ... Restaurant Hood-Rich Architecture Architect 417 Gyro Gyros Food Processing Plant Offworld Tattoo Tattoo & Piercing Shop Empress Salon Hair Salon

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Veterinary Clinic Pet Store & 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

NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Springfield, MO

$13.78 /SF/Yr
Avg Asking Price
$7.22–$22.56 /SF/Yr
Price Range
8,177 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - Two office spaces are available within a building at Walnut and South Avenue.
Where is this office unit located?
The property is located at 400 South Avenue Springfield, MO.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Suite 210: 1,714 square feet; Suite 220: 959 square feet; Built in 1897
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