Remodeled Mixed-Use
For Sale
Contact for pricing
107 S Main St, Nixa, MO 65714
Remodeled mixed-use downtown building with existing tenants, offering flexible space for retail and office concepts.
Property Size7,528 SF
Price / SF$108.26
Days on Market100
Property Features for 107 S Main St
General Information
Standard status
Active
Size
7,528 SF
Property subtype
Retail, Office, Mixed Use
Additional Details
Business Included
Yes
Building Details
Year Built
1909
Tenancy
Multi
Listing Agency:
Massengale Group - Keller Williams - Nixa
Listed By:
Jason Massengale · License #MO 2015008583
(417) 883-4900
Source:
Crexi
Added: May 29
Changed: Aug 27
Last Checked: Sep 4 at 10:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Massengale Group - Keller Williams - Nixa
Investment Insights
Based on property information with market context.
This remodeled mixed-use property is suited for multiple operating models, with configurations that support retail and office use. The building has been updated and is presented as move-in ready, with established tenants already in place.
Situated in downtown Nixa at 107 S Main St, the property benefits from prominent street exposure. Its central, walkable setting supports businesses that want to be seen and accessed easily by local customers and visitors.
For buyers, the combination of remodeled improvements and existing tenancy can help simplify near-term operations while keeping options open for future retail or office upgrades. For owner-operators, the live-work and storefront/office versatility supports concepts that require a visible presence and adaptable interior use. The property is being offered for sale at a single building level, with the intent that it can serve as an operating asset from day one.
Situated in downtown Nixa at 107 S Main St, the property benefits from prominent street exposure. Its central, walkable setting supports businesses that want to be seen and accessed easily by local customers and visitors.
For buyers, the combination of remodeled improvements and existing tenancy can help simplify near-term operations while keeping options open for future retail or office upgrades. For owner-operators, the live-work and storefront/office versatility supports concepts that require a visible presence and adaptable interior use. The property is being offered for sale at a single building level, with the intent that it can serve as an operating asset from day one.
Key Highlights
- 1909‑built mixed‑use building in downtown Nixa
- Remodeled mixed‑use property with existing tenants already in place
- Flexible space suited for retail and office concepts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,652
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,193,040
$1.2M
Cap Rate 7%
$852,171
$852.2K
Cap Rate 9%
$662,800
$662.8K
Market Conditions
NOI Build-Up for 7,528 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$83.1K $11.04/SF
− Vacancy
−$3.6K −$0.47/SF
EGI
$79.5K $10.57/SF
− OpEx
−$19.9K −$2.64/SF
NOI
$59.7K $7.92/SF
Area
Christian County, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,193,040
Cap Rate 7%
$852,171
Cap Rate 9%
$662,800
Alternative Uses
Best Use
Office B
$852.2K
$745.7K – $994.2K
NOI $59,652 @ 7.0% cap · market cap 7.32%
Second Best
Mixed Use
$804.6K
$704.0K – $938.7K
NOI $56,319 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$1.14M
$994.2K – $1.33M
NOI $79,535 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Explore this area
Business Placement
Demographics for 65714, MO
35,109
Population
13,459
Households
2.6
Avg Household Size
39
Median Age
37%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
687
Density / Sq Mi
$82,548
Median Household Income
$46,746
Median Earnings
$985
Median Rent
$261,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Remodeled mixed-use downtown building with existing tenants, offering flexible space for retail and office concepts.
Where is this live-work space located?
The property is located at 107 S Main St Nixa, MO.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: 1909‑built mixed‑use building in downtown Nixa; Remodeled mixed‑use property with existing tenants already in place; Flexible space suited for retail and office concepts
