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    17329 Business Highway 61 New London, MO 63459

    For Sale
    $250,000

    Mixed Use - New London, MO

    Type:Mixed Use
    Property size:
    1,897 SF
    Lot size:
    1.41 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 17329 Business Highway 61

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    09-3.1-06-000-00-28.00000
    Parking
    50
    Appliances
    Freezer
    Size
    1,897 SF
    Lot size
    1.41 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    1950
    Flooring type
    Carpet
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Berkshire Hathaway HomeServices Select Properties (636) 462-8924 [email protected]

    Listing agent Theresa Curtis (636) 462-8924 License #2000153041

    Listing date Nov 13, 2025

    MLS# 25073233 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property on Corner Lot

    This mixed-use property, situated on a corner lot, presents a significant opportunity. The property features a newer roof installed in 2023 with a lifetime guarantee, new Argon windows in the front, new insulation in the front side and ceiling, and new flooring on three-quarters of the floors. The premises have been thoroughly cleaned with industrial cleaner, including the hood, coolers, and walls. The property is located 15 minutes from Mark Twain Lake, just off Highway 61, and minutes from Hannibal, with interstate access to St. Louis. The building has a deep freeze and a Dr. Pepper cooler. The property size is 1897 square feet and the lot size is 1.41 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Law Firm Restaurant Nail Salon Building Supply Daycare Center Department Store Bar & Pub Auto Repair Shop Auto Parts Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    Ralls
    State
    Missouri
    Longitude
    -91.39932833
    Latitude
    39.57662452

    Nearby Similar for Sale

    • $315,000
      40.00 Acres

      New London Farm with Creek

      40-acre farm featuring a creek, barns, and income potential.
      40 Brush Creek Rd, New London, MO 63459
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Mixed-use property with recent upgrades on a prime corner lot.
    Where is this grocery and convenience store located?
    The property is located at 17329 Business Highway 61 New London, 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: - Newer 2023 wrapped roof with a lifetime guarantee.; - Excellent location: corner lot, close to Mark Twain Lake, Highway 61, Hannibal, and interstate access to St. Louis.; - New Argon windows in the front of the house.
    (636) 462-8924
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    New London, MO 63459
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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
    17329 Business Highway 61 New London, MO 63459
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