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Bank Building with Vault
For Sale
$385,000

532 E Walnut Street, Springfield, MO 65806

Commercial Sale, Springfield, MO

Property SizeContact for details
Lot Size0.35 Acres
Days on Market189

Property Features for 532 E Walnut Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning INC
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Fencing Chain Link
Lot features Level
View City
Directions From the intersection of Kimbrough & Walnut, go west approximately 80 feet to driveway of building. Driveway on south side of Walnut.
Standard status Active
APN 1324242042
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KIMBROUGH ADD BEG 10 FT W & 9.27 FT N NW COR LOT 4 S 220.11 FT E 70 FT N220.11 FT WLY TO BEG
Tax Annual Amount 3787
Legal Description KIMBROUGH ADD BEG 10 FT W & 9.27 FT N NW COR LOT 4 S 220.11 FT E 70 FT N220.11 FT WLY TO BEG

Utilities

Utilities Water Available
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1960
Roof type Flat
Listing Agency: Murney Associates - Primrose
Listed By: Heintz & Nunn Group · License #2014005951
Added: Mar 6 Changed: Sep 3 Last Checked: Sep 11 at 6:06AM
MLS# 60317253

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 1960 as the Southern Missouri Trust Company's Motor Bank, this commercial bank property combines mid-century design with durable concrete construction. The building includes a basement vault, original bulletproof glass, six-foot overhangs, and a Tennessee Crab Orchard stone exterior. A flat roof, central air, forced-air heating, and natural-gas service are also in place.

The property occupies 0.35 acres at 532 E Walnut Street in Springfield, Missouri, within INC zoning. Water is available, and the site has chain-link fencing. Designed by local architect Joe Amspacher, the building is identified as Springfield's first drive-through bank and offers a distinctive existing structure for continued commercial use or adaptive reuse.

Key Highlights

  • 0.35‑acre commercial bank property at 532 E Walnut Street, Springfield, MO 65806
  • Built in 1960 as the Southern Missouri Trust Company's Motor Bank
  • Basement vault remains in the building

Property Analytics

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Current Use

Banks

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

2,214
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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Mid-century commercial property with concrete construction, distinctive stone exterior, and adaptable interior space.
Where is this bank located?
The property is located at 532 E Walnut Street Springfield, MO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 0.35‑acre commercial bank property at 532 E Walnut Street, Springfield, MO 65806; Built in 1960 as the Southern Missouri Trust Company's Motor Bank; Basement vault remains in the building
More about this property
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