Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    101 W Main Street Jackson, MO 63755

    View on Map
    For Sale
    $669,000

    Commercial Sale - Jackson, MO

    Property size:
    10,000 SF
    Added:
    Nov 24, 2025
    Days on Market:
    129
    Last Refresh:
    Apr 2 at 5:06 pm

    Property Features for 101 W Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Smoke Detector(s)
    Standard status
    Active
    APN
    14-315-00-17-001.00-0000
    Size
    10,000 SF

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    5155

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air, Electric, Gas (Cooling), Zoned

    Building Details

    Year built
    1888
    Flooring type
    Carpet, Tile
    Building materials
    Glass, Stone
    Architectural style
    Other

    We can help!

    Listing Contact
    Sandy Tegel

    Listing agent Sandy Tegel License #2001014505

    Listing office Century 21 Ashland Realty 109 S. Broadview Street, Sikeston, MO

    Listing date Nov 24, 2025

    MLS# 25078342 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Landmark in Downtown Jackson

    This historic 2-story building with a basement, constructed in 1888, is located on the historic downtown square in Jackson, Missouri. The property offers views of the remodeled courthouse. Architectural details are present throughout the building. It features multiple entrances, a private elevator, and some private parking. The second level is spacious. The expansive basement provides additional space. Formerly a full-service bank with a large drive-thru, the property is suitable for various uses, including an upscale restaurant, boutique hotel or Airbnb, professional office suites, a retail destination, or a church or event center. The property size is 10000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Edward Jones - Financial ... Financial Advisor Raymond James Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.667977
    Latitude
    37.382365

    Nearby Similar for Sale

    • $895,000
      7,000 SF

      Mixed-Use Building in Prime Location

      Turn-key mixed-use building in a high-traffic Jackson location.
      246 W Deerwood Drive, Jackson, MO 63755
      View Details
    • $937,000

      Unique Mixed-Use Property with Treehouse

      Exceptional property with residence, treehouse, and income-producing potential.
      4940 County Road 532, Jackson, MO 63755
      View Details
    • $570,000
      3,096 SF

      Versatile Commercial Building Near I-55

      High-traffic location, built in 2017, suitable for diverse businesses.
      5598 Us Highway 61 North, Jackson, MO 63755
      View Details
    • $569,000
      2,304 SF

      Mixed-Use Property in Jackson, MO

      Commercial property with shop, office, and storage on 3.3 acres.
      6065 State Highway W, Jackson, MO 63755
      View Details
    • $299,999
      3,210 SF

      Furnished Mixed-Use Professional Building

      Two-level, fully furnished office building in Jackson, Missouri.
      902 E Jackson Boulevard, Jackson, MO 63755
      View Details
    • $325,000
      2,665 SF

      Mixed-Use Building in Jackson, MO

      Mixed-use property with income potential in Jackson, Missouri.
      1502 W Jackson Boulevard, Jackson, MO 63755
      View Details
    • $629,000

      Wedding Venue with Living Quarters

      Successful wedding venue with living quarters on over 8 acres.
      1082 County Road 349, Jackson, MO 63755
      View Details
    • $375,000

      Retail Property in High Visibility Location

      Two-level retail space with 16 parking spots in Jackson, MO.
      1336 Clover Drive, Jackson, MO 63755
      View Details
    • $800,000
      14,104 SF

      Former Butcher Shop and Facility

      14,104 SF flex/manufacturing space in Jackson, Missouri.
      3006 State Highway FF, Jackson, MO 63755
      View Details
    • $867,000
      3,000 SF

      Freestanding Restaurant in Growing Community

      Freestanding restaurant with drive-through in a high-traffic location.
      421 E Jackson Blvd, Jackson, MO
      View Details
    • $219,000
      1,716 SF

      E. Jackson Blvd Retail/Office Building

      Creative office or retail building in high-traffic, visible location.
      1204 E Jackson Blvd, Jackson, MO, 63755-2440
      View Details

    FAQs

    What type of property is this?
    Bank - Landmark building with potential for various commercial uses.
    Where is this bank located?
    The property is located at 101 W Main Street Jackson, MO.
    What is the asking price?
    The asking price for this property is $669,000.
    What are key features of this property?
    This property features: Prime corner location on the historic downtown square with unmatched views of the remodeled courthouse.; Historic landmark building with architectural details throughout, offering a blend of heritage and modern potential.; Multiple potential uses including upscale restaurant, boutique hotel/Airbnb, professional office suites, retail destination, or event center.
    (573) 979-5719
    We can help!
    Listing Contact
    Sandy Tegel
    Real Estate License ID: 2001014505
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!