Historic Mixed-Use
For Sale
$1,750,000
108 S Commercial Street, Branson, MO 65616
Two-level property combines leased storefronts with four residential units in downtown Branson.
Property Size6,060 SF
Price / SF$288.78
Days on Market287
Property Features for 108 S Commercial Street
General Information
Standard status
Active
Size
6,060 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$4,148
Amenities
Central Air, Electric
3
Rubber
City
48.8X100
Sidewalks.
Building Details
Year Built
1922
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
(417) 883-4900
Listed By:
Keller Williams
Source:
Xome
Added: Nov 17, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:34PM
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 Keller Williams
Investment Insights
Based on property information with market context.
Built in 1922, this 6,060-square-foot, two-story brick property at 108 S Commercial Street combines retail and residential space. The ground floor contains two 1,550-square-foot storefronts, both fully leased. One retail space retains a walk-in freezer and vent-hood system, supporting continued food-service use or a different commercial configuration.
Four residential units occupy the upper floor. Each includes a living area, kitchenette, private bedroom, and full bath, with views toward Branson’s historic core and the adjacent Branson Landing. The property is positioned in historic downtown Branson and includes sidewalk frontage along the commercial street. Its 1922 construction and combined storefront-residential layout distinguish it from single-use properties in the area.
Four residential units occupy the upper floor. Each includes a living area, kitchenette, private bedroom, and full bath, with views toward Branson’s historic core and the adjacent Branson Landing. The property is positioned in historic downtown Branson and includes sidewalk frontage along the commercial street. Its 1922 construction and combined storefront-residential layout distinguish it from single-use properties in the area.
Key Highlights
- 6,060‑square‑foot mixed‑use building constructed in 1922
- Two 1,550‑sq ft retail spaces on the main level; both are fully leased
- Four upper‑floor residential units, each with a living area, kitchenette, private bedroom, and full bath
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
$60,448
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
3.45%
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%
$1,208,960
$1.2M
Cap Rate 7%
$863,543
$863.5K
Cap Rate 9%
$671,644
$671.6K
Market Conditions
NOI Build-Up for 6,060 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
$90.9K $15.00/SF
− Vacancy
−$4.5K −$0.75/SF
EGI
$86.4K $14.25/SF
− OpEx
−$25.9K −$4.27/SF
NOI
$60.4K $9.98/SF
Area
Taney County, MO
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,208,960
Cap Rate 7%
$863,543
Cap Rate 9%
$671,644
Alternative Uses
Best Use
Retail
$863.5K
$755.6K – $1.01M
NOI $60,448 @ 7.0% cap · market cap 3.45%
Second Best
Multifamily LT 5
$786.2K
$687.9K – $917.2K
NOI $55,031 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,901 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,551
Businesses Nearby
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines leased storefronts with four residential units in downtown Branson.
Where is this mixed-use property located?
The property is located at 108 S Commercial Street Branson, MO.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 6,060‑square‑foot mixed‑use building constructed in 1922; Two 1,550‑sq ft retail spaces on the main level; both are fully leased; Four upper‑floor residential units, each with a living area, kitchenette, private bedroom, and full bath
