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    602 Main St Gallatin, MO 64640

    Sponsored
    For Sale
    $250,000

    1.87 Acres, Three Buildings, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, situated on 1.87 acres of land at 602 S Main Street (Highway 13) in Gallatin, Missouri, presents a rare investment opportunity. The property boasts three substantial buildings, offering significant versatility for a range of business ventures. The main structure is a spacious 3,360 square foot brick garage, featuring four bays equipped with 10.6x12 overhead doors, and a convenient enclosed office area complete with a sink and bathroom. This provides ample space for workshops, storage, or light industrial uses. A second building, measuring 2,880 square feet, is constructed of metal and includes eight 11.6x12 sliding doors, ideal for additional workspace, storage, or equipment housing. Complementing these larger structures is a third building, an open-front 34x43 structure, perfect for sheltering vehicles, recreational equipment, or other items requiring protection from the elements. The property benefits from extensive road frontage on three sides, ensuring high visibility and easy access. A large parking lot further enhances the property's functionality and appeal. This location offers unparalleled potential for multiple business opportunities, making it an exceptional investment in a desirable Missouri town. The combination of size, location, and building versatility makes this a truly unique offering.

    Property Features for 602 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    81,457 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Wholesale Shop Gym & Fitness Hotel & Motel Garden Center Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Gallatin
    County
    Daviess
    State
    Missouri
    Longitude
    -93.96188
    Latitude
    39.91041

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    FAQs

    What type of property is this?
    Commercial real estate - 1.87 Acres, Three Buildings, High Visibility
    Where is this commercial real estate located?
    The property is located at 602 Main St Gallatin, MO.
    What is the asking price?
    The asking price for this property is $250,000.
    (660) 663-3294
    Request Owner's contact information
    602 Main St Gallatin, MO 64640
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    Gallatin, MO 64640
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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
    602 Main St Gallatin, MO 64640
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