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1129 Walnut St 2,847 SF Retail Building Springfield, MO 65806 $342,602 CAD ($120.34 CAD/SF)
Investment Highlights
- 30,000+ AADT at National/Walnut Intersection
- Potential Re-Development Candidate
- Attractive University/Downtown Sub-Market
Executive Summary
Now available as an exclusive offering, is this former restaurant on Historic Walnut Street near Downtown Springfield and Missouri State University.
The building is ± 2,874 square feet finished, with two-stories, an attic and a basement. Present trade fixtures include a 10 ft. Type 1 hood, multiple cooking surfaces, fryer, 3-bay sink, dishwashing station, stainless prep tables, amongst others.
The site is on the corner of Walnut and Florence with its own private parking and ample street parking. It is near North National Avenue with an AADT of 31,934. The site is ± 0.3805 acres zoned R-MX3 with Overlay District UCD 1 WA - and may have a re-development play.
The building is ± 2,874 square feet finished, with two-stories, an attic and a basement. Present trade fixtures include a 10 ft. Type 1 hood, multiple cooking surfaces, fryer, 3-bay sink, dishwashing station, stainless prep tables, amongst others.
The site is on the corner of Walnut and Florence with its own private parking and ample street parking. It is near North National Avenue with an AADT of 31,934. The site is ± 0.3805 acres zoned R-MX3 with Overlay District UCD 1 WA - and may have a re-development play.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$7,099
|
$2.49
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,099
|
$2.49
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $7,099 |
| Annual Per SF | $2.49 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,099 |
| Annual Per SF | $2.49 |
Property Facts
Sale Type
Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,847 SF
Building Class
C
Year Built
1934
Price
$342,602 CAD
Price Per SF
$120.34 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.38 AC
Zoning
R-MX3
Parking
15 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
43’ on Walnut St
Amenities
- Corner Lot
- Restaurant
- Air Conditioning
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-24-115-023 | Total Assessment | $117,883 CAD |
| Land Assessment | $53,240 CAD | Annual Taxes | $7,099 CAD ($2.49 CAD/SF) |
| Improvements Assessment | $64,642 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
13-24-115-023
Land Assessment
$53,240 CAD
Improvements Assessment
$64,642 CAD
Total Assessment
$117,883 CAD
Annual Taxes
$7,099 CAD ($2.49 CAD/SF)
Tax Year
2025
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1129 Walnut St
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