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    408 2Nd St Stover, MO 65078

    For Sale
    $261,000

    Downtown Stover Office Space - Huge Potential

    Property size:
    5,943 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This stunning 5,943 square foot office building, situated on a 0.21-acre lot at 408 Second Street in the heart of downtown Stover, MO, presents a unique investment opportunity. Built in 1911, the property boasts beautiful, original tin ceilings and offers a wealth of character. The building's substantial size allows for diverse uses, with ample space for various configurations. Imagine a vibrant community center, a unique event venue, or a creative workspace. The property includes a loft area, a kitchen, and a sizable basement ideal for storage or additional development. Its prime downtown location benefits from high foot traffic, with nearby amenities such as a boutique and ice cream shop. The presence of a nearby winery further enhances the area's appeal and growth potential. This historic building offers a blend of classic charm and modern adaptability, making it an exceptional opportunity for a discerning investor seeking a property with significant upside. The asking price is $261,000.

    Property Features for 408 2Nd St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,943 SF
    Lot Size
    9,148 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Accounting Firm Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Stover
    County
    Morgan
    State
    Missouri
    Longitude
    -92.99403
    Latitude
    38.44054

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Stover Office Space - Huge Potential
    Where is this office property / space located?
    The property is located at 408 2Nd St Stover, MO.
    What is the asking price?
    The asking price for this property is $261,000.
    (866) 224-1761
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    408 2Nd St Stover, MO 65078
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    Stover, MO 65078
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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
    408 2Nd St Stover, MO 65078
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