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    306 E Chestnut St Strafford, MO 65757

    For Sale
    $2,200,000

    Retail - Strafford, MO

    Type:Retail
    Property size:
    10,354 SF
    Lot size:
    2.32 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 306 E Chestnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    INC
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    APN
    1035302005
    Size
    10,354 SF
    Lot size
    2.32 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2017
    Number of units
    5
    Roof type
    Metal
    Architectural style
    Other

    Murney Associates, LLC (417) 575-1205 [email protected]

    Listing agent Langston Group (417) 823-2300 License #2017005672

    Listing date Oct 17, 2025

    MLS# 60307803 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Commercial Property Near I-44

    This commercial property features two buildings in a high-visibility, high-traffic location off Interstate 44 in a rapidly developing area. Building 1 has a dual tenant layout with a modern design. One unit is currently occupied by an established Mexican restaurant. The other unit, formerly a yoga studio, is vacant and ready for retail or office use. Building 2 features a large, open floor plan suitable for a storage facility, showroom, studio, or light industrial business. It can also be divided for additional tenant income. The property includes four potential tenant spaces across the two buildings, modern curb appeal with updated exterior finishes, and excellent signage visibility from I-44. Ample parking and easy access are available for customers and deliveries. The property is positioned in a fast-growing commercial corridor with increasing demand. The property size is 10,354 square feet on a 2.32-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Strafford
    County
    Greene
    State
    Missouri
    Longitude
    -93.111897
    Latitude
    37.27118

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    FAQs

    What type of property is this?
    Retail space - Dual buildings with high-traffic visibility, ideal for investment or business.
    Where is this retail space located?
    The property is located at 306 E Chestnut St Strafford, MO.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - High-Traffic Location: Situated right off I-44 in a rapidly growing commercial corridor, ensuring excellent visibility and accessibility.; - Dual Buildings with Multiple Tenant Spaces: Offers 5 potential tenant spaces across two modern buildings, providing diverse income opportunities.; - Flexible Usage: Building 2 features a large, open floor plan adaptable for various businesses, including storage, showroom, studio, or light industrial use.
    (417) 823-2300
    Request Owner's contact information
    306 E Chestnut St Strafford, MO 65757
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    Strafford, MO 65757
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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
    306 E Chestnut St Strafford, MO 65757
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