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Former Assisted Living Facility
For Sale
$150,000

510 S Washington Street, Mexico, MO 65265

COMMERCIAL - Mexico, MO

Property Size4,268 SF
Lot Size0.28 Acres
Price / SF$35.15
Days on Market25

Property Features for 510 S Washington Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-1
Rooms Basement
Basement Finished, Full
Directions From 54 North then take a left on D then on Clay St. take a right then a left on S Washington St.
Standard status Active
APN 197264010005
Size 4,268 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description SURVEY 50 (101 X 120) W 120' OF LOT 21
Tax Annual Amount 1199
Legal Description SURVEY 50 (101 X 120) W 120' OF LOT 21

Utilities

Heating system Forced Air, Electric (Heating)
Cooling system Central Air

Building Details

Year built 1945
Building materials Brick, Stone
Roof type Shingle
Listing Agency: REAL BROKER LLC
Listed By: Cheryl A. Maupin · License #2012041666
Added: Jul 8 Changed: Jul 9 Last Checked: Aug 1 at 8:06PM
MLS# 132448

Copyright © 2026 Heart of Missouri Board 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 former assisted living facility offers a flexible interior layout with multiple office or cubicle spaces and a reception area with a front desk. The building also includes a commercial kitchen, a spacious common area, and a large garage, supporting a variety of commercial and professional uses. Real estate only is offered.

The property sits on a corner lot with paved parking and public utilities available. It is zoned I-1 (Light Industry) in the City of Mexico, Missouri.

Given the existing mix of reception, offices, common space, kitchen amenities, and garage storage, the building may suit tenants or owners looking for an adaptable setup for office use, professional services, or medical-related operations, subject to applicable approvals. The enclosed areas and garage also provide room for practical day-to-day operations, making the site a straightforward option for buyers seeking a ready-made commercial facility.

Key Highlights

  • Former assisted living facility with multiple office/cubicle spaces, reception area, and front desk
  • Includes commercial kitchen plus a spacious common area and basement
  • Large garage and paved parking on a corner lot with public utilities

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Dental Office Skin Care Clinic Electrical Service Spa & Massage Center Real Estate Agency (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby
Under-served
Demand for This Use

Demographics for 65265, MO

15,238
Population
6,690
Households
2.3
Avg Household Size
41
Median Age
18%
College-Educated
90%
High-School Grad
223.6 sq mi
ZIP Area
68
Density / Sq Mi
$54,387
Median Household Income
$38,513
Median Earnings
$715
Median Rent
$127,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Breckenridge Heights Group — 308 E Jackson St, Mexico, MO 65265
  • Towne House — 221 E Whitley, Mexico, MO 65265

Frequently Asked Questions

What type of property is this?
Assisted living facility - Former assisted living facility with office and common areas, plus a kitchen and large garage on a corner lot.
Where is this assisted living facility located?
The property is located at 510 S Washington Street Mexico, MO.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Former assisted living facility with multiple office/cubicle spaces, reception area, and front desk; Includes commercial kitchen plus a spacious common area and basement; Large garage and paved parking on a corner lot with public utilities
More about this property
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