Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    209-213 North Main Street Republic, MO 65738

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $415,000

    Office building with multiple offices, conference room, and parking.

    Type:Office
    Property size:
    6,491 SF
    Price / SF:
    $63/SF
    Added:
    Nov 21, 2025
    Days on Market:
    159
    Last Refresh:
    Apr 6 at 12:08 am

    Property Features for 209-213 North Main Street

    General Information

    Standard status
    Active
    Size
    6,491 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Arch Watson
    Arch Watson

    Listing agent Arch Watson License #2009010579

    Listing office SVN | Rankin Company, LLC

    Listing date Nov 21, 2025

    Source Svn

    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 SVN | Rankin Company, LLC

    Overview

    Republic MO Office Building For Sale

    Originally constructed as a bank, the property was most recently utilized as the City Hall of Republic, MO. The building encompasses 6,491 square feet and features 14 offices of varying sizes, a break room, work spaces, open work areas, and a large conference room. It includes two entrances with lobbies that face Main Street, along with four restrooms and ample storage space. A small fenced area is located in the back lot. The property benefits from street parking at the front door and access to a public parking lot to the east. Situated on North Main Street in Republic, MO, it is positioned just north of East Grant.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Republic
    County
    Greene
    State
    Missouri
    Longitude
    -93.5188
    Latitude
    37.1404

    Nearby Similar for Sale

    • $789,900

      Republic Commercial Office Space Available

      Versatile office space suitable for various professional service providers.
      820 S Illinois Avenue, Republic, MO 65738
      View Details
    • $689,000

      Republic, MO School Building

      7,988 SF building with classrooms and multiple restrooms.
      220 N Cedar Avenue, Republic, MO 65738
      View Details
    • $1,950,000

      135 Acres of Farmland

      Prime agricultural land with income potential in Republic, Missouri.
      W Farm Road 194, Republic, MO 65738
      View Details
    • $415,000
      6,491 SF

      Former Bank/City Hall Building

      6,491 SF building with offices, conference room, and parking.
      209 N Main St, Republic, MO
      View Details
    • $12
      35,682 SF

      Republic Retail/Office Center For Sale

      Retail/office center in Republic's primary retail corridor.
      201 W. U.S. HWY 60, Republic, MO 65738
      View Details
    • $299,900

      Downtown Republic Commercial Property For Sale

      Commercial property in Downtown Republic with parking and flexible usage.
      116 W Grant Street, Republic, MO 65738
      View Details
    • $350,000
      4,266 SF

      Renovated Office Building in Republic

      Recently renovated office building with parking in downtown Republic, MO.
      202 N Main Ave, Republic, MO
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with multiple offices, conference room, and parking.
    Where is this office building located?
    The property is located at 209-213 North Main Street Republic, MO.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: Adaptable Commercial Space: Previously a bank and City Hall, suitable for diverse business operations.; Multiple Offices: Features 14 offices of varying sizes, accommodating different team structures.; Functional Layout: Includes a break room, work spaces, open work areas, and a large conference room.
    (417) 887-8826
    We can help!
    Listing Contact
    Arch Watson
    Arch Watson
    Real Estate License ID: 2009010579
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!