Retail Space with Food-Service
For Lease
$12.50 SF/Yr
449 N Walnut Street, Springfield, IL 62702
Open retail layout with food-preparation infrastructure, natural light, and adaptable display or seating area.
Space Size1,200 SF
Days on Market143
Property Features for 449 N Walnut Street
General Information
Standard status
Active
Size
1,200 SF
Net Rentable
1,200 SF
Zoning
I-1
Space & Availability
Available Space
1,200 SF
Contiguous Space
1,200 SF
Space Use
Food service
Site & Location
Traffic Count
10,900 vehicles/day
Utilities to Site
Yes
Amenities
moveable counter
natural light
open area for display or seating
preparation space with pass-through window
cooking/baking space with three-compartment sink and grease trap
200-amp electric panel
Building Details
Building Size
1,200 SF
Year Built
1955
Listing Agency:
Todd P Smith Real Estate
(217) 441-8000
Listed By:
Todd Smith · License #471004523
Source:
Craggsrealtors
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 1:11PM
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 Todd P Smith Real Estate
Investment Insights
Based on property information with market context.
This retail space combines a bright customer-facing area with a flexible interior arrangement. The front portion includes a movable counter, natural light, and open room for displays or seating. Food-service improvements include a preparation area, pass-through window, cooking or baking space, three-compartment sink, grease trap, and 200-amp electrical service. The property is zoned I-1 and was built in 1955.
Located at 449 N Walnut Street in Springfield, the building sits between Carpenter Street and Madison Street, just outside Downtown Springfield and near the medical district. The site records over 10,900 vehicles passing daily, providing a measurable traffic presence along North Walnut Street.
Located at 449 N Walnut Street in Springfield, the building sits between Carpenter Street and Madison Street, just outside Downtown Springfield and near the medical district. The site records over 10,900 vehicles passing daily, providing a measurable traffic presence along North Walnut Street.
Key Highlights
- ± 1200 sq ft retail and food‑service space
- Front room with movable counter, natural light, and open display or seating area
- Cooking and baking area with pass‑through window
Property Analytics
Current Use
Lease Details
10,900 VPD
Traffic count
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
Explore this area
Business Placement
Demographics for 62702, IL
33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Open retail layout with food-preparation infrastructure, natural light, and adaptable display or seating area.
Where is this retail space located?
The property is located at 449 N Walnut Street Springfield, IL.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: ± 1200 sq ft retail and food‑service space; Front room with movable counter, natural light, and open display or seating area; Cooking and baking area with pass‑through window
