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    306 Kingshighway St Sikeston, MO 63801

    For Sale
    $450,000

    Historic Church & Multi-Purpose Building

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property at 306 S Kingshighway, Sikeston, MO, presents a unique investment opportunity. Spanning 1.24 acres, the property boasts two substantial buildings, steeped in local history. The original structure, home to the First Assembly of God church since 1940, features a main-level sanctuary, two classrooms, and a fireside meeting room. Upstairs, additional classrooms provide versatile space. A sizable basement includes various rooms suitable for diverse uses, a large gathering area, and a kitchen. The second building, a multi-purpose facility, includes a full-sized basketball court gym, a large kitchen, and numerous offices and classrooms. This building has successfully hosted numerous large-scale events, including "Radical Christmas" and "Wildlife Suppers," demonstrating its capacity for community gatherings and large-scale functions. The property's extensive size and adaptable spaces offer significant potential for a variety of commercial ventures, capitalizing on its established presence within the Sikeston community and its rich history. The asking price is $450,000. This is a rare chance to acquire a substantial property with significant historical value and considerable development potential in a prime Sikeston location. The property's size and existing infrastructure make it ideal for a range of commercial uses, from religious organizations to community centers or even adaptive reuse projects.

    Property Features for 306 Kingshighway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    54,014 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Sikeston
    County
    Scott
    State
    Missouri
    Longitude
    -89.58635
    Latitude
    36.87436

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Church & Multi-Purpose Building
    Where is this commercial real estate located?
    The property is located at 306 Kingshighway St Sikeston, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    Request Owner's contact information
    306 Kingshighway St Sikeston, MO 63801
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    Sikeston, MO 63801
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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
    306 Kingshighway St Sikeston, MO 63801
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