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    Historic Retail Building with Yard Title is generated by Realmo AI

    809 S Main Street, Joplin, MO 64801

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    For Sale
    $225,000

    COMMERCIAL - Joplin, MO

    Property size:
    1,580 SF
    Price / SF:
    $142/SF
    Added:
    Jan 13, 2026
    Days on Market:
    142
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 809 S Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Fencing
    Fenced
    Standard status
    Active
    Size
    1,580 SF

    Taxes and HOA fees

    Tax Annual Amount
    611

    Utilities

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

    Building Details

    Flooring type
    Laminate
    Roof type
    Rubber

    We can help!

    Listing Contact
    Seth Dermott

    Listing agent Seth Dermott License #1999108690

    Listing office KELLER WILLIAMS REALTY ELEVATE 619 S Florida, Joplin, MO

    Listing date Jan 13, 2026

    MLS# 260211

    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.

    HighLights

    • Prime location in Joplin's Historic Downtown District with excellent visibility.
    • Versatile 1,960 sq ft layout suitable for various business ventures.
    • Currently operating as a successful hair salon with a private office.
    • Rare downtown amenities: garage door and small, fenced yard for parking and secure outdoor space.
    • Historic building combining old‑world charm with modern functionality (Central Air, Electric Heating).
    • Opportunity to invest in Joplin's revitalizing downtown corridor.

    Overview

    This historic commercial building at 809 S Main Street in downtown Joplin is currently operating as a hair salon and includes a private office. The space is supported by one bathroom and offers a flexible interior layout that can accommodate a range of retail or service uses. In addition to the main building space, the property includes a garage door at the rear and a small, fenced yard, providing a protected outdoor area and convenient back access.

    Located in the heart of Joplin’s Historic District, the building is positioned on Main Street for customer-facing visibility and storefront exposure. The listing also notes convenient parking for downtown commercial customers, along with secure outdoor space that’s uncommon for properties in the core of the district.

    For buyers or tenants seeking a character-rich downtown location, the existing configuration supports salon-style operations with an added private office. The rear garage door and fenced yard can be useful for service-oriented businesses that need controlled outdoor storage or a discreet work area. With its combination of front-facing space and practical back amenities, the property is best suited for businesses that want both street presence and functional on-site features.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.513263
    Latitude
    37.082284

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    FAQs

    What type of property is this?
    Retail space - Downtown historic building currently used as a hair salon, with private office, one bath, and a secured fenced yard.
    Where is this retail space located?
    The property is located at 809 S Main Street Joplin, MO.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Prime location in Joplin's Historic Downtown District with excellent visibility.; Versatile 1,960 sq ft layout suitable for various business ventures.; Currently operating as a successful hair salon with a private office.
    (417) 623-9900
    We can help!
    Listing Contact
    Seth Dermott
    Real Estate License ID: 1999108690
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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