Old Taylor's Drive-In

139 Memorial Plaza offers a well-known location in central Springfield with longstanding visibility and a site configuration that supports restaurant, retail, or adaptive reuse potential. The 1.039-acre parcel houses a 1,564 SF building originally constructed in 1947 and benefits from recognition that may appeal to users seeking a distinctive presence.This offering presents a rare opportunity to acquire a centrally located 1.039-acre site with both redevelopment potential and existing improvements. While the 1,564 SF building includes legacy restaurant infrastructure such as a hood and grease trap, the property may be equally well-suited for users seeking a remodel/development option. Additional income from an on-site billboard lease and after-hours parking rental provides interim cash flow during planning or redevelopment. Taylor's name is not included in sale. Please verify zoning with City. Zoning for the City will be updated as of April 7, 2026.