Historic Storefront with Flexible
For Sale
$699,900
205 N Main Street, Nixa, MO 65714
Commercial Sale, Nixa, MO
Property Size3,100 SF
Lot Size0.29 Acres
Price / SF$225.77
Days on Market97
Property Features for 205 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Lot features
Sidewalk(s), Level
Directions
From Ozark, take US-65 North and exit onto State Highway CC/Tracker Road toward Nixa. Continue west into Nixa, then turn right onto Main Street and head north through downtown. Continue on North Main Street, and the property at 205 N Main Street will be located just north of the downtown district.
Standard status
Active
APN
100613002018001000
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PART 1005 VILLAGE OF NIXA ALSO, LOTS 1,2 & 3 THRIVE ADDITION
Tax Annual Amount
4105
Legal Description
PART 1005 VILLAGE OF NIXA ALSO, LOTS 1,2 & 3 THRIVE ADDITION
Utilities
Utilities
Water Available
Heating system
Natural Gas, Forced Air
Cooling system
Wall Unit(s), Zoned, Electric
Amenities
multiple office and retail areas
private bathrooms
storage space
flexible layouts
Building Details
Year built
1900
Number of units
2
Roof type
Composition
Listing Agency:
Home Sweet Home Realty & Associates, LLC
(417) 221-6466
Listed By:
Rachel Dillard · License #2020009643
(417) 294-5577
Added: Jun 18
Changed: Sep 17
Last Checked: Sep 22 at 4:06AM
MLS# 60326730
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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.
Built in 1900, this storefront property includes the full building and lot with approximately 3,100+ square feet of commercial space. The interior provides multiple office and retail areas, private bathrooms, storage, and flexible layouts. The property is currently home to Rosebud's Cottage boutique and includes a composition roof, natural gas and forced-air heating, and wall-unit electric zoned cooling.
The building is located at 205 N Main Street in downtown Nixa, within the city’s Main Street district and near downtown shops, restaurants, and community gathering spaces. Its setting also places it within the activity of local community events and festivals. The parcel contains 0.29 acres, with water available at the property.
The building is located at 205 N Main Street in downtown Nixa, within the city’s Main Street district and near downtown shops, restaurants, and community gathering spaces. Its setting also places it within the activity of local community events and festivals. The parcel contains 0.29 acres, with water available at the property.
Key Highlights
- Approximately 3,100+ square feet of commercial space on a 0.29‑acre lot
- Built in 1900 with a composition roof
- Multiple office and retail areas with flexible layouts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,192
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$463,840
$463.8K
Cap Rate 7%
$331,314
$331.3K
Cap Rate 9%
$257,689
$257.7K
Market Conditions
NOI Build-Up for 3,100 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.1K $12.60/SF
− Vacancy
−$2.0K −$0.63/SF
EGI
$37.1K $11.97/SF
− OpEx
−$13.9K −$4.49/SF
NOI
$23.2K $7.48/SF
Area
Christian County, MO
Vacancy
5.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$463,840
Cap Rate 7%
$331,314
Cap Rate 9%
$257,689
Alternative Uses
Best Use
Mixed Use
$331.3K
$289.9K – $386.5K
NOI $23,192 @ 7.0% cap · market cap 3.31%
Second Best
Retail
$329.6K
$288.4K – $384.5K
NOI $23,070 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$467.9K
$409.4K – $545.9K
NOI $32,752 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 65714, MO
35,109
Population
13,459
Households
2.6
Avg Household Size
39
Median Age
37%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
687
Density / Sq Mi
$82,548
Median Household Income
$46,746
Median Earnings
$985
Median Rent
$261,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Multiple retail and office areas, private bathrooms, storage, and adaptable commercial space support varied business configurations.
Where is this storefront property located?
The property is located at 205 N Main Street Nixa, MO.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Approximately 3,100+ square feet of commercial space on a 0.29‑acre lot; Built in 1900 with a composition roof; Multiple office and retail areas with flexible layouts
