Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Perryville Mixed-Use Property Title is generated by Realmo AI

    115 N Jackson Street, Perryville, MO 63775

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $179,000

    Mixed Use - Perryville, MO

    Type:Mixed Use
    Property size:
    1,248 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $143/SF
    Added:
    Apr 27, 2026
    Days on Market:
    26
    Last Refresh:
    May 22 at 6:06 am

    Property Features for 115 N Jackson Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Security features
    Smoke Detector(s)
    Appliances
    Microwave, Refrigerator
    Standard status
    Active Under Contract
    APN
    10-4.0-019-002-001-075.00000
    Size
    1,248 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    656

    Utilities

    Heating system
    Ductless (Heating), Heat Pump (Heating)
    Cooling system
    Ductless, Heat Pump, Multi Units, Wall Unit(s)

    Building Details

    Year built
    1900
    Flooring type
    Carpet, Tile
    Building materials
    Frame, Metal Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Tracey Hagan
    Tracey Hagan

    Listing agent Tracey Hagan License #2002018191

    Listing office RE/MAX Realty Experts 1407 Grand Ave, Perryville, MO

    Listing date Apr 27, 2026

    MLS# 26007867 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.

    HighLights

    • Prime downtown location with high visibility and strong foot traffic.
    • Versatile commercial property suitable for retail or professional services.
    • Turnkey, fully furnished studio Airbnb (June Bug’s Loft) for immediate income.
    • Proximity to popular restaurants, bars, venues, and small businesses.
    • Includes essential appliances: microwave and refrigerator.
    • Heating and cooling systems: Ductless, Heat Pump, Multi Units, Wall Unit(s).

    Overview

    Located in downtown Perryville, this mixed-use property offers approximately 1,000 square feet of main-level retail or professional service space. The property benefits from a high-visibility location in a thriving area. The upstairs features a 248 square foot studio Airbnb, known as June Bug’s Loft, which is fully furnished and turnkey ready. It includes a full bath, mini refrigerator, microwave, and coffee station. The property is surrounded by restaurants, bars, local venues, and small businesses, placing it in the center of downtown activity. Community events and activities contribute to consistent foot traffic throughout the year. The lot size is 0.023 acres, and the property size is 1,248 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hadley’s Candy Shoppe Specialty Food Shop Downtown Perryville Nutrition Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Perryville
    County
    Perry
    State
    Missouri
    Longitude
    -89.8635266
    Latitude
    37.7262398

    Nearby Similar for Sale

    • $340,000
      2,449 SF

      Turnkey Business Opportunity Near Lake

      Commercial property with convenience store, gas, bar, and grill.
      14852 Highway T, Perryville, MO 63775
      View Details
    • $300,000

      Downtown Perryville Commercial Building

      Mixed-use commercial building with income potential in downtown Perryville.
      19 S Jackson Street, Perryville, MO 63775
      View Details
    • $560,000
      3,143 SF

      Turnkey Perryville Hospitality Property

      Fully operational venue suitable for Airbnb, B&B, or events.
      221 W Saint Joseph Street, Perryville, MO 63775
      View Details
    • $550,000

      Downtown Perryville Commercial Property

      Established commercial property with tenant in place in downtown Perryville.
      304 W South Street, Perryville, MO 63775
      View Details
    • $625,000
      1,350 SF

      Secluded Farm with Pond and Shop

      43-acre retreat with stocked pond, tillable acreage, shop/residence.
      1770/1771 Pcr 624, Perryville, MO 63775
      View Details
    • $131,000

      Turnkey Day Care Facility

      Ready-to-go day care with playground and equipment included.
      500 W North Street, Perryville, MO 63775
      View Details
    • $350,000
      11,500 SF

      Perryville Commercial Property For Sale

      Flexible commercial property with shop and office in high-traffic location.
      1205 S Kingshighway St, Perryville, MO 63775
      View Details
    • $3,030,000
      20,600 SF

      Mixed-Use Property in Downtown Perryville

      Multi-tenant property with residential and commercial units in downtown Perryville.
      104-110 N Jackson Street, Perryville, MO 63775
      View Details
    • Contact for pricing
      2,443 SF

      New Starbucks with Drive-Thru

      New construction Starbucks with drive-thru and outdoor patio.
      1111 S Perryville Blvd, Perryville, MO
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile commercial space with income-generating Airbnb in thriving downtown.
    Where is this mixed-use property located?
    The property is located at 115 N Jackson Street Perryville, MO.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: Prime downtown location with high visibility and strong foot traffic.; Versatile commercial property suitable for retail or professional services.; Turnkey, fully furnished studio Airbnb (June Bug’s Loft) for immediate income.
    (573) 768-5676
    We can help!
    Listing Contact
    Tracey Hagan
    Tracey Hagan
    Real Estate License ID: 2002018191
    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

    Thank You for Inquiry
    115 N Jackson Street, Perryville, MO 63775
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!