REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Gideon Valley Real Estate ReeceNichols - Springfield
$ 749,000
Est. payment /mo
Active
204 E 5th Street Cassville, MO 65625
4 Baths
6,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Sale
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $124
MLS Listing ID SOM60306482
Full Baths 4
Year Built 1999
Annual Tax Amount $2,999
Tax Year 2023
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Commercial Sale
Property Description
Turnkey Income Property with Strong Returns204 E 5th Street presents a fully leased commercial investment offering over 6,000 square feet of retail space divided into five separate units. The property is 100% occupied, generating $6,200 in monthly gross rents against average landlord expenses of $935 per month, resulting in stable net income and dependable cash flow.Significant 2024 capital improvements reduce future maintenance costs and enhance long-term value, including four new HVAC units, complete bathroom remodels, and building reconfiguration to optimize leasable space and rental performance.With updated systems, solid tenants, and a proven income stream already in place, this property is an ideal option for investors seeking a low-maintenance, income-producing asset with immediate returns and future growth potential.
Location
State MO
County Barry
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Exterior
Parking Features 20+ Spaces, Hard Surface
Utilities Available Water Available, High Speed Internet, Natural Gas Available, Electricity Available, Master Metered, Separate Meters
Waterfront Description None
Roof Type Metal
Garage No
Tracey Lightfoot
Broker / Partner | License ID: 2013014900
+1(417) 251-3039 | traceysellsbranson@gmail.com