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Property profile & analytics
OFF-MARKET
Commercial real estate

203 Jefferson St Ava, MO 65608

500 SF 0.04 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 500-square-foot commercial building, located at 203 N Jefferson Street in Ava, Missouri, presents a unique live/work opportunity. Situated on a 0.04-acre lot, this B-2 zoned property offers unparalleled versatility for a variety of business ventures. Priced affordably at $119,000 ($71 per square foot), this building represents a significant investment opportunity in a thriving downtown location. The property boasts recently updated electrical systems, fully compliant with city codes, ensuring peace of mind for any prospective owner. The layout allows for seamless integration of business operations with residential living space above, providing the potential for additional rental income. Its prime location in the heart of Ava guarantees high visibility and significant foot traffic, maximizing exposure for any business. Whether you envision a retail space, office, or a combination thereof, this building provides the flexibility to adapt to your specific needs and bring your business vision to life. This is an exceptional chance to acquire a well-maintained, centrally located property with significant income potential. Don't miss this chance to establish your business in a vibrant and accessible community.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Total area 500 SF
Lot 0.04 ac (1,742 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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