Historic Mixed-Use Loft and Retail
For Sale
$3,200,000
124 + 110 S Joplin Avenue, Joplin, MO 64801
Commercial Sale, Joplin, MO
Property Size36,000 SF
Lot Size0.55 Acres
Price / SF$88.89
Days on Market140
Property Features for 124 + 110 S Joplin Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
20
Full bathrooms
20
Rooms
Bathroom 5, Bathroom 16, Bathroom 7, Bathroom 4, Bathroom 15, Bathroom 3, Bathroom 19, Bathroom 8, Bathroom 20, Bathroom 9, Bathroom 6, Bathroom 18, Bathroom 12, Bathroom 1, Bathroom 2, Bathroom 10, Bathroom 17, Bathroom 13, Bathroom 11, Bathroom 14
Directions
From 7th & Main street, go North to 2nd Street, west on 2nd to Joplin Avenue, south on Joplin Ave, Building on Right Side. Lennons & Brick & Mortor loft.
Subdivision
01 - Joplin City - NW
Standard status
Active
Size
36,000 SF
Lot size
0.55 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
residential, retail
Taxes and HOA fees
Tax Annual Amount
10272
Utilities
Heating system
Central, Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Amenities
secured entry
security cameras
open air courtyard
Building Details
Year built
1906
Number of units
17
Flooring type
Concrete, Hardwood
Buildings
2
Listing Agency:
CHARLES BURT REALTORS
(417) 782-1234
Listed By:
Summer George · License #2010011832
(417) 388-4132
Added: Jun 11
Changed: Oct 27
Last Checked: Oct 28 at 6:06AM
MLS# 263220
Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-building mixed-use property brings together 14 industrial-style lofts, finished retail space, and additional unfinished area. The 124 S Joplin Avenue building includes 6,000 square feet of completed retail space and another 6,000 square feet ready for future buildout, while 110 S Joplin Avenue contributes 12,000 square feet that is currently leased. Commercial improvements include an overhead glass garage door, fireplace, two bathrooms, dressing rooms, private office, and private bathroom. A courtyard and delivery area provide roll-up-door access to the unfinished portion.
Originally constructed in 1906, the buildings retain hardwood flooring, exposed industrial support beams, and ceiling heights ranging from 14 to 16 feet. The lofts are fully leased and feature secured entry, while 16 indoor secured parking spaces serve the property. Exterior and garage security cameras, a building-wide sprinkler system, central heating and cooling, natural gas, concrete flooring, and city-approved code-compliant improvements are also in place. The property occupies 0.55 acres in downtown Joplin, within walking distance of eateries, bars, a brewery, and shopping, with KCU-Joplin and MSSU a short drive away.
Originally constructed in 1906, the buildings retain hardwood flooring, exposed industrial support beams, and ceiling heights ranging from 14 to 16 feet. The lofts are fully leased and feature secured entry, while 16 indoor secured parking spaces serve the property. Exterior and garage security cameras, a building-wide sprinkler system, central heating and cooling, natural gas, concrete flooring, and city-approved code-compliant improvements are also in place. The property occupies 0.55 acres in downtown Joplin, within walking distance of eateries, bars, a brewery, and shopping, with KCU-Joplin and MSSU a short drive away.
Key Highlights
- 14 fully leased industrial‑style lofts
- 36,000 square feet across two Joplin Avenue buildings
- 6,000 square feet of finished retail space plus 6,000 square feet unfinished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$284,170
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,683,400
$5.7M
Cap Rate 7%
$4,059,571
$4.1M
Cap Rate 9%
$3,157,444
$3.2M
Market Conditions
NOI Build-Up for 36,000 SF
Gross rent
$561.6K $15.60/SF
− Vacancy
−$44.9K −$1.25/SF
EGI
$516.7K $14.35/SF
− OpEx
−$232.5K −$6.46/SF
NOI
$284.2K $7.89/SF
Area
Jasper County, MO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,683,400
Cap Rate 7%
$4,059,571
Cap Rate 9%
$3,157,444
Alternative Uses
Best Use
Retail
$4.85M
$4.25M – $5.66M
NOI $339,656 @ 7.0% cap · market cap 10.61%
Second Best
Mixed Use
$4.61M
$4.04M – $5.38M
NOI $322,920 @ 7.0% cap · market cap 10.09%
Theoretical Best
Office A
$10.86M
$9.50M – $12.67M
NOI $760,320 @ 7.0% cap · market cap 23.76%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering combines leased loft residences with finished and unfinished commercial space.
Where is this mixed-use property located?
The property is located at 124 + 110 S Joplin Avenue Joplin, MO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 14 fully leased industrial‑style lofts; 36,000 square feet across two Joplin Avenue buildings; 6,000 square feet of finished retail space plus 6,000 square feet unfinished
