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435 E Walnut St 6,000 SF Specialty Building Offered at $746,810 CAD in Springfield, MO 65806

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Investment Highlights

  • Victorian architecture, circa 1881
  • Period fixtures throughout the premises
  • Near MSU, Apartments, student housing restaurants, galleries entertainment venues and major sporting events
  • Strong demographics. 40,000 students located in Center City and approximately 25,000 workforce.
  • Desirable landscaping

Executive Summary

Victorian-era property (circa 1881) located in Center City near S. Jefferson & E. Walnut. Previously used as mixed office/residential income property. Minutes from Missouri State University main campus, Cardinal Ballpark, Federal Court House, local and State offices,, and Hammons Center for the Preforming  Arts, walking distance to restaurants, art galleries, shopping, theatres, clubs , apartments, office buildings and student housing. Features include high ceilings, wood and new carpeted floors, updated paint and wallpaper, period fireplaces and fixtures, natural light, full kitchen, six bathrooms, and fire alarm pre-wiring. Listed on the National Register of Historic Places since 1984. Property possibly eligible for city, county, state & federal incentive programs.  Many seller improvements have been made over the years including new plumbing, electrical and air conditioning. There are five universities near–by with an enrollment of approximately 40,000 day and evening students. An additional 25,000 people work in the Central Business District. +/-19,000 people live within a 1 mile radius. Pro-Forma available upon request.

Property Facts

Price $746,810 CAD
Price Per SF $124.47 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Residential Income
Building Class B
Lot Size 0.49 AC
Building Size 6,000 SF
No. Stories 3
Year Built 1881
Parking Ratio 2.5/1,000 SF
Opportunity Zone Yes
Zoning CC - Intended to be a mixed-use district that accommodates a variety of residential, commercial, and light industrial uses.

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
13-24-240-005
Land Assessment
$63,948 CAD
Improvements Assessment
$201,367 CAD
Total Assessment
$265,315 CAD
  • Listing ID: 38033968

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: 435 E Walnut St, Springfield, MO 65806

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