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$425,000
Est. payment /mo
4 Baths
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SOM60301136
Full Baths 4
Year Built 1975
Annual Tax Amount $3,076
Tax Year 2024
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Retail
Source somo
Property Description
Prime Commercial Investment OpportunityTake advantage of this 4,830 sq ft commercial building offering four separate rental units and a gross monthly income of $3,450. Strategically located directly across from Wal-Mart and surrounded by well-established businesses, this property benefits from high visibility and heavy traffic flow--ideal for consistent tenant demand.Highlights include:Stable tenancy: No turnover or late payments in the past 10 yearsStrong lease structure:One unit under a 5-year leaseOne unit with a 4-year leaseTwo units on month-to-month agreementsExcellent location: High-traffic commercial corridor near national retailers and service providersWhether you're looking to expand your investment portfolio or secure a reliable income-producing property, this opportunity offers long-term value and minimal management headaches.
Location
State MO
County Douglas
Area 4830
Direction At the stop light at Hwy 5 south and Springfield Rd, turn left on Springfield Rd, property is on the right.
Interior
Heating Forced Air, Propane, Electric
Cooling Central Air
Fireplace No
Heat Source Forced Air, Propane, Electric
Exterior
Parking Features Paved, 11-15 Spaces
Utilities Available Sewer Available, Electricity Available, Water Available
Waterfront Description None
Roof Type Metal
Others
Miscellaneous Prop. Tank-Leased,Water Heater-Electric
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Listed by Shannon Watterson Sho-Me Real Estate