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Ashland Commercial Corner Opportunity

103 E BROADWAY Ashland, MO 65010

103 E BROADWAY, Ashland, MO, 65010
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4,100 SF commercial building in the heart of Ashland.

Property Size4,100 SF
Price / SF$102.44
AddedMay 15
Days on Market63
Last RefreshJul 15 at 6:46 pm

Property Features for 103 E BROADWAY

General Information

Standard status
Active
Size
4,100 SF
Property subtype
Retail

Building Details

Year Built
1970

Listing office The milestone Group

Listing date May 15, 2026

Source Crexi

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 The milestone Group


Investment Insights

Based on property information with market context.

Located at the prime commercial corner of Broadway and Main in Ashland, this 4,100 square foot all-brick building offers high visibility and easy access. The property, formerly a restaurant/bar, includes a walk-in refrigerator, stage area, and covered back porch, making it suitable for food service, a taproom, or live entertainment. Its open floor plan and corner frontage also make it ideal for retail, office, boutique fitness, or professional services. The property could be divided into multiple suites for additional income. It features all city utilities, paved and street parking, and is situated in a high-traffic location surrounded by thriving businesses and new growth. Zoned General Commercial, the property presents endless potential.

Key Highlights

  • Prime commercial corner location at Broadway & Main with unmatched visibility
  • 4,100 sq ft all brick building with endless potential
  • Equipped with walk‑in refrigerator, stage area, and covered back porch

Local Financial Insights For Retail

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 $57.6k $14.04
− Vacancy −$3.3k −$0.80
EGI $54.3k $13.24
− OpEx −$16.3k −$3.97
NOI $38.0k $9.27
4,100 SF · lease $14.04/SF/yr · vacancy 5.68% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$581.7K
$509.0K – $678.7K (±1% cap)
NOI $40,721 @ 7.0% cap · market cap 9.70%
Second Best
Retail
$542.9K
$475.1K – $633.4K (±1% cap)
NOI $38,006 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,092 @ 7.0% cap · market cap 24.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop HVAC Service Auto Parts Store Restaurant Hair Salon

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

FAQs

What type of property is this?
Storefront property - 4,100 SF commercial building in the heart of Ashland.
Where is this storefront property located?
The property is located at 103 E BROADWAY Ashland, MO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Prime commercial corner location at Broadway & Main with unmatched visibility; 4,100 sq ft all brick building with endless potential; Equipped with walk‑in refrigerator, stage area, and covered back porch
Contact an agent
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