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Restaurant Building with Residential Suite
For Sale
$250,000

127 E Cherry Street, Nevada, MO 64772

COMMERCIAL - Nevada, MO

Property Size3,100 SF
Lot Size0.40 Acres
Price / SF$80.65
Days on Market281

Property Features for 127 E Cherry Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Starting on the corner of Austin and Ash. East on Austin. North on Washington. West on Cherry
Subdivision 31 - Vernon County
Standard status Active
Size 3,100 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Annual Amount 782

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
Listing Agency: KELLER WILLIAMS REALTY ELEVATE
Listed By: 3 Birds Real Estate Solutions, Marny Scotten · License #2021018224
Added: Oct 27, 2025 Changed: Aug 2 Last Checked: Aug 3 at 3:06AM
MLS# 255989

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This historic brick building combines commercial and residential space in a single property. The ground floor offers a loft-style commercial layout with an open plan and exposed brick, while the upstairs features a remodeled two-bedroom apartment with generous interior volume and natural light. The upper-level improvements noted include new windows, updated HVAC, and updated electrical and plumbing systems, with the building’s original character preserved through its exterior brick and large windows.

The property is located at 127 E Cherry Street in Nevada, Missouri (Vernon County). With a stated lot size of 0.4 acres and approximately 3,100 square feet of building area, it presents a combined-use configuration that can support either an owner-operator scenario or a split use between the apartment and the restaurant space.

Key Highlights

  • Remodeled 2‑bedroom residential suite on the upper floor
  • New windows plus updated HVAC, electrical, and plumbing in the remodeled upstairs apartment
  • Loft‑style commercial restaurant space on the ground floor with a generous open plan and exposed brick

Property Analytics

Current Use

Ray's Trophies & Awards (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Gym & Fitness Center Restaurant (Bike/Boat/Book/etc) Store HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

772
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64772, MO

12,897
Population
6,054
Households
2.1
Avg Household Size
39
Median Age
19%
College-Educated
90%
High-School Grad
129.0 sq mi
ZIP Area
100
Density / Sq Mi
$56,194
Median Household Income
$32,000
Median Earnings
$725
Median Rent
$137,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Loft-style ground-floor restaurant space with an upstairs remodeled two-bedroom apartment in a historic brick building.
Where is this conventional restaurant located?
The property is located at 127 E Cherry Street 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: Remodeled 2‑bedroom residential suite on the upper floor; New windows plus updated HVAC, electrical, and plumbing in the remodeled upstairs apartment; Loft‑style commercial restaurant space on the ground floor with a generous open plan and exposed brick
More about this property
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