Retail Lounge with
1209 W 7th Street, Joplin, MO 64801
For Sale
New
$495,000
An upstairs apartment and walk-in humidor complement the existing lounge layout.
Property Size1,984 SF
Price / SF$249.50
Days on Market3
Property Features for 1209 W 7th Street
General Information
Standard status
Size
Zoning
Additional Details
Business Included
Mixed-Use Components
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
walk-in humidor
outdoor patio
secret doors
antique furniture
Carpet,Vinyl
Yes
No
Fence - Partial
0.21
IRR
1984.0
Building Details
Building Size
Construction
Listing Agency:
Andrew Bright & Associates
Listed By:
John Hyman · License #2014018673
(417) 437-9051
Source:
Pryerrealtygroup
Added: Nov 7
Last Checked: Nov 8 at 1:16PM
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 Andrew Bright & Associates
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Investment Insights
Based on property information with market context.
This 1,984-square-foot retail property operates as a cigar lounge and includes the business and memberships. A walk-in humidor, outdoor patio seating, and distinctive wood siding are among its features. Secret doors are integrated into the interior, including access to an upstairs apartment. The lounge is furnished with antique furniture and decor, and inventory is included in the offering.
The property is at 1209 W 7th Street in Joplin, along Route 66, and is zoned C3. Its existing lounge configuration and apartment provide distinct components within the property.
The property is at 1209 W 7th Street in Joplin, along Route 66, and is zoned C3. Its existing lounge configuration and apartment provide distinct components within the property.
Key Highlights
- Sale includes the operating business and memberships
- 1,984‑square‑foot retail property with an upstairs apartment
- Walk‑in humidor and cigar inventory included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,719
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,380
$374.4K
Cap Rate 7%
$267,414
$267.4K
Cap Rate 9%
$207,989
$208.0K
Market Conditions
NOI Build-Up for 1,984 SF
Gross rent
$27.9K $14.04/SF
− Vacancy
−$1.1K −$0.56/SF
EGI
$26.7K $13.48/SF
− OpEx
−$8.0K −$4.04/SF
NOI
$18.7K $9.43/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,380
Cap Rate 7%
$267,414
Cap Rate 9%
$207,989
Alternative Uses
Best Use
Retail
$267.4K
$234.0K – $312.0K
NOI $18,719 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$598.6K
$523.8K – $698.4K
NOI $41,902 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
309k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Superstores 25%
Shops & Services 20%
Home Improvements & Furnishings 2%
Walmart
Superstores
76,894 visits/mo
0.3 miles
McDonald's
Dining
32,884 visits/mo
0.2 miles
Culver's
Dining
21,797 visits/mo
0.3 miles
SONIC Drive In
Dining
19,401 visits/mo
0.4 miles
Murphy USA
Shops & Services
19,351 visits/mo
0.4 miles
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Joplin, MO
Properties on Market for Retail space in Joplin
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - An upstairs apartment and walk-in humidor complement the existing lounge layout.
Where is this retail space located?
The property is located at 1209 W 7th Street Joplin, MO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Sale includes the operating business and memberships; 1,984‑square‑foot retail property with an upstairs apartment; Walk‑in humidor and cigar inventory included
