Ground Lease or Build to Suit Center City

517 E Elm St, Springfield, MO 65806

Property Information

  • For Lease $1.75/SF/YR
  • Property Type VacantLand
  • Lot Size 0.48 Acre
  • Date Updated Sep 2, 2026

Description

Located in the heart of Springfield's Downtown area with excellent frontage on E. Elm St.We are pleased to offer this ±0.48 AC Ground Lease, located in the heart of Springfield's Downtown area with great frontage on E. Elm St. This property is located next door to the brand new Tru Hotel. This hotel opened in December 2019 and features 98 rooms. Facility also features a pool and a fitness center. Please feel free to contact listing agent to schedule your showing today. Thank you!

Highlights

  • ±0.48 AC Ground Lease
  • Excellent redevelopment potential
  • Walking distance to MSU

1 Space Available

Land Lease

Space Type

VacantLand

Lease Rate

$1.75/SF/YR

Total Space

20,908 SF

Divisible Space

0.48 - 0.48 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Houses to be razed by landlord.

Contacts

Location

Located at 517 E Elm St, Springfield, MO 65806, this property is part of the Downtown Springfield neighborhood.

  • 91/100 Walker's Paradise
  • 83/100 Very Bikeable
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