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125 Main St Nevada, MO 64772

For Sale
$69,900

Prime Location, Income Producing Property

Description

Added:
Feb 3, 2025
Days on Market:
310
This exceptional commercial property at 125 N Main Street, Nevada, Missouri, presents a lucrative investment opportunity. The 0.06-acre lot features a building currently leased for $800 per month, with the lease expiring March 31st, 2023. The tenant holds a five-year renewal option at a monthly rate of $950, commencing April 1st, 2023, should they choose to exercise it. The main floor offers 2200 square feet of versatile space, including a half-bath, and ample storage. An unfinished upper level provides additional potential, although it lacks heating and air conditioning. Note that the seller also owns the adjacent property at 123 N Main Street. A crucial detail for potential buyers is that the HVAC system serving 123 N Main Street is located on this property (at 125 N Main Street, in the rear). To ensure a smooth transition, an easement will be provided to address this shared HVAC system should the two buildings be sold separately. This property is priced competitively at $69,900 and offers significant potential for future income and growth. The strong existing lease provides immediate return on investment, while the flexible upper level allows for expansion or customization to suit a variety of business needs. This is a rare opportunity to acquire a well-located commercial property in a thriving Missouri community.

Property Features for 125 Main St

General Information

Property type
Other commercial real estate
Lot Size
2,614 SF

Building Details

Year Built
1900

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Tower Loan Loan Agency Lincare Medical Equipment Supplier

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
Nevada
County
Vernon
State
Missouri
Longitude
-94.35825
Latitude
37.83899

FAQs

What type of property is this?
Commercial real estate - Prime Location, Income Producing Property
Where is this commercial real estate located?
The property is located at 125 Main St Nevada, MO.
What is the asking price?
The asking price for this property is $69,900.
More about this property
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