Listed by Reece Commercial Real Estate, Reece Commercial Real Estate Springfield
$250,000
Historic Walnut Street | Former Restaurant
Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 2,874
Net Rentable (SqFt) 2,874
Tenancy Vacant
Price per SqFt $87
Broker Co-Op Yes
Year Built 1934
Stories 2
Acreage 0.380
Zoning R-MX3
University/Downtown Sub-Market
Marketing description
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.
Investment highlights
- Potential Re-Development Candidate
- Attractive University/Downtown Sub-Market
- 30,000+ AADT at National/Walnut Intersection
- New City of Springfield R-MX3 Zoning
Listing Contacts
Listed by Reece Commercial Real Estate, Reece Commercial Real Estate Springfield
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