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    Restored Historic Downtown Joplin Property

    826 S Main Street Joplin, MO 64801

    826 S Main Street, Joplin, MO, 64801
    $925,000
    For Sale
    Claim this Listing
    $925,000

    COMMERCIAL - Joplin, MO

    Property Size6,750 SF
    Lot Size0.06 Acres
    Price / SF$137.04
    AddedApr 7
    Days on Market100
    Last RefreshJul 15 at 7:06 am

    Property Features for 826 S Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-2
    Rooms
    Basement
    Standard status
    Active
    Size
    6,750 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1419

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1891
    Number of units
    9
    Flooring type
    Hardwood
    Roof type
    Rubber, Rolled Hot Mop

    Listing agent Luke Gibson License #2015033987

    Listing office GLENN GIBSON COMMERCIAL REAL ESTATE 2650 E 32nd Street Ste. 221, JOPLIN, MO

    Listing date Apr 7, 2026

    MLS# 261862

    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.

    Investment Insights

    Based on property information with market context.

    This restored downtown Joplin property, originally built in 1894, features nine market-rate apartments on the upper floors and a versatile ground-level commercial office space. The building was initially constructed as an Independent Order of Odd Fellows lodge hall. The upper-floor apartments feature hardwood floors, high ceilings, and efficient layouts. The commercial space offers flexibility for an owner-operator or as a leased storefront. The property is located in Joplin, Missouri, within Jasper County. The lot size is 0.06 acres. The property size is 6,750 square feet. The zoning is C-2. This mixed-use property presents an investment opportunity in downtown Joplin.

    Key Highlights

    • Nine updated market‑rate apartments provide immediate rental income.
    • Versatile ground‑level commercial space offers owner‑operator or lease potential.
    • Historic 1891 building, originally an Odd Fellows lodge, offers unique character.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $105.3k $15.60
    − Vacancy −$8.4k −$1.25
    EGI $96.9k $14.35
    − OpEx −$36.3k −$5.38
    NOI $60.5k $8.97
    6,750 SF · lease $15.60/SF/yr · vacancy 8.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $865.0K
    $756.9K – $1.01M (±1% cap)
    NOI $60,548 @ 7.0% cap · market cap 6.55%
    Second Best
    Apartment 5plus
    $761.2K
    $666.0K – $888.0K (±1% cap)
    NOI $53,282 @ 7.0% cap · market cap 5.76%
    Theoretical Best
    Office A
    $2.04M
    $1.78M – $2.38M (±1% cap)
    NOI $142,560 @ 7.0% cap · market cap 15.41%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Real Estate Agency Dental Office Parking Lot & Garage Grocery & Convenience Store Storage Facility Veterinary Clinic Grocery & Convenience Store Carpet & Flooring Store Pharmacy (Bike/Boat/Book/etc) Store

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

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building with apartments and commercial space in downtown Joplin.
    Where is this mixed-use property located?
    The property is located at 826 S Main Street Joplin, MO.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Nine updated market‑rate apartments provide immediate rental income.; Versatile ground‑level commercial space offers owner‑operator or lease potential.; Historic 1891 building, originally an Odd Fellows lodge, offers unique character.
    Contact an agent
    (417) 359-6868
    We can help!
    Contact an agent
    Luke Gibson
    Luke Gibson
    Real Estate License ID: 2015033987
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