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    116 Main St Piedmont, MO 63957

    For Sale
    $89,900

    High-traffic Main Street location, two units.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located at 116 N Main St, Piedmont, MO, presents a unique investment opportunity. The property comprises two buildings situated on the east side of Main Street, offering excellent visibility and high traffic exposure. Building 116, currently leased to a thriving yogurt business, features a spacious 27x14 front room, a 14x12 storage room, and a half-bath. This tenant-occupied unit provides immediate rental income. Building 114 is currently vacant, presenting a blank canvas for a new business or expansion. This building boasts multiple rooms, including two showrooms (18x22 and 14x10), an office (12x10), and several storage rooms (12x10, 8x11, and two 8x9 rooms), along with a half-bath. Both buildings benefit from city water and sewer connections, as well as central heating and air conditioning. The property's prime Main Street location ensures high visibility and accessibility, making it an ideal investment for a variety of commercial ventures. The seller is highly motivated, presenting a compelling opportunity for a quick and potentially lucrative acquisition. The property is offered at $89,900.

    Property Features for 116 Main St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cold Harded Frozen ... Ice Cream Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Piedmont
    County
    Wayne
    State
    Missouri
    Longitude
    -90.69534
    Latitude
    37.15499

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic Main Street location, two units.
    Where is this commercial real estate located?
    The property is located at 116 Main St Piedmont, MO.
    What is the asking price?
    The asking price for this property is $89,900.
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    116 Main St Piedmont, MO 63957
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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
    116 Main St Piedmont, MO 63957
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