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Mixed-Use Property with Commercial Suites
For Sale
$574,900

1013 N Cedar Street #A & B, Bismarck, MO 63624

Two occupied business spaces sit alongside an apartment and finished storage area.

Property Size4,000 SF
Price / SF$143.73
Days on Market60

Property Features for 1013 N Cedar Street #A & B

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial
Net Operating Income $41,373

Financials

Cap Rate 7.2%
Gross Income $56,400

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Utilities to Site Yes
Multifamily Units 1
Property Use Office
Medical Specialty chiropractic

Taxes and HOA fees

Annual Taxes $5,423

Building Details

Building Size 4,000 SF
Year Built 2012
Buildings 1
Tenancy Multi
Abandoned No
Listing Agency: Prime Real Estate and Property Management
Listed By: Jamshed Syed
Source: Flowershomerealty
Added: Aug 25 Changed: Oct 23 Last Checked: Oct 23 at 1:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Real Estate and Property Management

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Investment Insights

Based on property information with market context.

Built in 2012, this mixed-use property contains two occupied commercial spaces, one apartment, and additional finished area used for storage. The current commercial occupants are a chiropractic office and a pharmacy. Tenants pay all utilities.

The property is reported at a 7.20% cap rate and a 10.19 GRM.

Key Highlights

  • Two commercial spaces occupied by a chiropractic office and pharmacy
  • One apartment plus finished space used for storage
  • Tenants pay all utilities

Property Analytics

Current Use

Drug stores

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 63624, MO

3,293
Population
1,734
Households
1.9
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
60.9 sq mi
ZIP Area
54
Density / Sq Mi
$40,635
Median Household Income
$28,836
Median Earnings
$702
Median Rent
$94,200
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two occupied business spaces sit alongside an apartment and finished storage area.
Where is this mixed-use property located?
The property is located at 1013 N Cedar Street #A & B Bismarck, MO.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Two commercial spaces occupied by a chiropractic office and pharmacy; One apartment plus finished space used for storage; Tenants pay all utilities
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