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    202 North Main St Richmond, MO 64085

    Sponsored
    For Sale
    $529,900

    Historic Building, 15,070 sq ft, $529,900

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional commercial property, located at 202 W North Main Street in Richmond, Missouri, presents a rare opportunity for business owners. Spanning 15,070 square feet on a 0.29-acre lot, this building boasts a rich history, having served a thriving business for over 100 years. The property is now available due to the owners' retirement, offering a turnkey solution for a new enterprise. The layout includes ample office space, perfect for administrative tasks and team meetings. A dedicated employee break area promotes staff well-being, while extensive storage facilities cater to diverse business needs. Multiple workstations are ready for immediate use, enhancing productivity and efficiency. A welcoming reception/cash checkout area ensures seamless customer interactions. Furthermore, the property features a commercial dock and unloading facilities, streamlining logistics and operations. This versatile space is ideally suited for a variety of commercial ventures, benefiting from its prime location in a vibrant community. The asking price of $529,900 makes this an affordable entry point into a bustling market with a proven track record of success. Don't miss this chance to establish your business in this historic and thriving location.

    Property Features for 202 North Main St

    General Information

    Property type
    Retail properties
    Lot Size
    12,632 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Ray
    State
    Missouri
    Longitude
    -93.97851
    Latitude
    39.27932

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    Nearby Similar for Sale

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      Richmond MO Commercial Building

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    FAQs

    What type of property is this?
    Retail property - Historic Building, 15,070 sq ft, $529,900
    Where is this retail property located?
    The property is located at 202 North Main St Richmond, MO.
    What is the asking price?
    The asking price for this property is $529,900.
    (888) 220-0988
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    202 North Main St Richmond, MO 64085
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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
    202 North Main St Richmond, MO 64085
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