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Property profile & analytics
OFF-MARKET
Bars & Pubs

408 Walnut St Houston, MO 65483

1,536 SF 0.24 ac lot Built 1950
Individually Owned Absentee Owner Free & Clear
Property ID
US48-1764083
Property summary
AI-generated overview

This exceptional commercial property, located at 408 E Walnut Street in Houston, Missouri, presents a unique investment opportunity. Situated on a 0.24-acre lot within the city limits and conveniently close to downtown and Business Highway 63, this building enjoys high visibility and accessibility. Constructed of durable concrete block with concrete floors and a low-maintenance metal roof, this structure is built to last. The interior offers approximately [Note: Square footage is missing from the provided data, so it cannot be included] of flexible space, ideally suited for a variety of commercial uses. Two spacious rooms are perfect for retail operations, office space, or meeting areas. The property also includes two half-bathrooms, ample storage rooms, and a functional kitchen area. Its most recent use was as a church, showcasing its adaptability and potential for diverse applications. The asking price of $110,000 represents a compelling value for a well-maintained commercial building in a desirable location. This property is ready for immediate occupancy and offers significant potential for return on investment. The strategic location and versatile layout make this an exceptional opportunity for entrepreneurs and investors alike. Don't miss out on this chance to acquire a prime commercial property in a thriving Missouri community.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1950
Total area 1,536 SF
Lot 0.24 ac (10,454 SF)
APN 20-0.3-05-003-022-004.01
UPID US48-1764083
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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Blend (final) Blend
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Owner & transaction history
JIM CAVANAUGH
JIM CAVANAUGH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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