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    127 E Cherry St Nevada, MO 64772

    For Sale
    $250,000

    COMMERCIAL - Nevada, MO

    Property size:
    3,100 SF
    Lot size:
    0.40 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 127 E Cherry St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    3,100 SF
    Lot size
    0.40 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air

    Building Details

    Flooring type
    Ceramic, Concrete
    Roof type
    Rubber, Rolled Hot Mop

    Keller Williams Realty of SW Missouri (417) 623-9900 [email protected]

    Listing agent Marny Scotten (417) 623-9900 License #2021018224

    Listing date Oct 27, 2025

    Copyright © 2025 Ozark Gateway Association of Realtors. 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 Mixed-Use Building, Nevada MO

    This historic building, a landmark in Nevada, Missouri, reflects a time when the downtown area thrived as a hub for business, community, and social interaction. The exterior retains its original character with exposed brick and large windows, paying homage to a bygone era. Inside, the property features high ceilings, generous open spaces, and modern upgrades. The building has previously functioned as a hotel, restaurant, and bistro, and now offers possibilities for both residential and commercial use. The upper floor contains a remodeled two-bedroom apartment designed for refined living. The primary suite and the second bedroom both benefit from natural light and views of the square. The apartment includes new windows, updated HVAC, and updated electrical and plumbing systems, all while preserving the building's character. The ground floor provides a loft-style commercial space with an open plan and exposed brick. The building's history as a full-service restaurant offers an advantage to a tenant or owner-operator. The property is situated on a 0.4-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ray's Trophies & Awards Trophy Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Vernon
    State
    Missouri
    Longitude
    -94.355664
    Latitude
    37.838304

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled mixed-use property with residential suite and commercial space.
    Where is this mixed-use property located?
    The property is located at 127 E Cherry St Nevada, MO.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Loft-style commercial space with restaurant history ideal for bistro, cafe, or restaurant.; - **Beautifully remodeled 2-bedroom residential suite** with modern upgrades and natural light.; - Updated HVAC, electrical, and plumbing systems.
    (417) 623-9900
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    127 E Cherry St Nevada, MO 64772
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    Nevada, MO 64772
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    Realmo Value Estimation

    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.

    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.

    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
    127 E Cherry St Nevada, MO 64772
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