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    901 Franklin Ave Lexington, MO 64067

    For Sale
    $175,000

    Business - Lexington, MO

    Type:Business
    Lot size:
    0.08 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 901 Franklin Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Comm
    APN
    3-8.0-33-1-1-116.010
    Parking features
    On Street
    Interior features
    Public Restroom
    Exterior features
    Building Sign, Display Window, Storage
    Lot size
    0.08 Acres

    Building Details

    Year built
    1857
    Floors in Building
    1
    Architectural style
    Other
    Additional Structures
    Storage

    ReMax Premier Properties (816) 690-7653 [email protected]

    Listing agent Harry Meierarend IV (816) 416-7090 License #2014028599

    Listing date Oct 20, 2025

    MLS# 2581867 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building in Lexington, Missouri

    This historic commercial building, constructed in 1857, is located in downtown Lexington, Missouri, within a nationally recognized historic district. The property, listed on the National Register of Historic Places, features original architectural details, including an iron plaque on the front facade, ornate brickwork, grand display windows, a pressed-tin ceiling, and hardwood floors. The interior includes a vintage bar, cozy rooms, and exposed brick detailing, blending historical elements with modern updates. The building has been meticulously maintained and is up to code. An outdoor courtyard features a fountain, an antique three-globe lamp post, cobblestone-style brickwork, and a decorative iron gate entry. The property is centrally located, offering access to Downtown Kansas City and surrounding suburban and rural communities. The property is suitable for various business uses, including a boutique café, tasting room, art studio, or private office. The property has potential for residential use, offering live/work possibilities. The lot size is 0.075 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    River Wild Flower ... Gift Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lafayette
    State
    Missouri
    Longitude
    -93.884469
    Latitude
    39.184398

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    FAQs

    What type of property is this?
    Storefront property - Historic commercial building in downtown Lexington, ready for new ownership.
    Where is this storefront property located?
    The property is located at 901 Franklin Ave Lexington, MO.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Historic Building: Built in 1857 with original iron plaque, located in Lexington's nationally recognized historic district and listed on the National Register of Historic Places.; - Meticulously Maintained: Building is up to code and ready for new ownership without major updates needed.; - Prime Location: Situated in the heart of Lexington, offering easy access to Kansas City and surrounding communities.
    (816) 416-7090
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    901 Franklin Ave Lexington, MO 64067
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    Lexington, MO 64067
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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
    901 Franklin Ave Lexington, MO 64067
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