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Mixed-Use Building with Apartment
New
For Sale
$250,000

127 E Cherry Street, Nevada, MO 64772

Remodeled upstairs living space complements an open-plan commercial floor with exposed brick and large windows.

Property SizeContact for details
Days on Market5

Property Features for 127 E Cherry Street

General Information

Standard status Active
Property subtype Commercial
Zoning Commer

Taxes and HOA fees

Annual Taxes $782

Building Details

Year Built 1900
Listing Agency: Keller Williams Realty Elevate
Listed By: Marny Scotten · License #2021018224
Source: Coloniallistings
Added: Aug 17 Changed: Aug 18 Last Checked: Aug 20 at 3:01PM

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 Realty Elevate

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use building combines an upper-level two-bedroom apartment with a ground-floor commercial space. The residence has been remodeled with new windows and updated HVAC, electrical, and plumbing systems, while exposed brick and high ceilings retain the building’s historic character. Large windows provide natural light and views toward the square.

The commercial level is arranged as a loft-style, open-plan space with exposed brick and generous ceiling height. The property’s documented past includes hotel, restaurant, and bistro uses, providing a history of both hospitality and residential occupancy. Located at 127 E Cherry Street in Nevada, Missouri, the building is designated Commer zoning.

Key Highlights

  • Two‑bedroom apartment on the upper floor
  • Remodeled residence with new windows and updated HVAC, electrical, and plumbing systems
  • Ground‑floor commercial space with an open‑plan loft‑style layout

Property Analytics

Current Use

Ray's Trophies & Awards (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Gym & Fitness Center Restaurant (Bike/Boat/Book/etc) Store HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 64772, MO

12,897
Population
6,054
Households
2.1
Avg Household Size
39
Median Age
19%
College-Educated
90%
High-School Grad
129.0 sq mi
ZIP Area
100
Density / Sq Mi
$56,194
Median Household Income
$32,000
Median Earnings
$725
Median Rent
$137,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Remodeled upstairs living space complements an open-plan commercial floor with exposed brick and large windows.
Where is this mixed-use property located?
The property is located at 127 E Cherry Street Nevada, MO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑bedroom apartment on the upper floor; Remodeled residence with new windows and updated HVAC, electrical, and plumbing systems; Ground‑floor commercial space with an open‑plan loft‑style layout
More about this property
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