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Renovated Downtown Storefront
For Lease
$2,500/Mo

230 N Sprigg Street, Cape Girardeau, MO 63701

The 2,937-square-foot building can accommodate multiple offices or service providers.

Space Size3,000 SF
Days on Market826

Property Features for 230 N Sprigg Street

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Lease Term 12 Months

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF
Space Use Office
Sublease No

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,797

Building Details

Building Size 2,937 SF
Year Built 1953
Buildings 1
Stories 1
Listing Agency: Main Key Realty, LLC
Listed By: Amy Chiles · License #2017027227
Source: Flowershomerealty
Added: Jul 29, 2024 Changed: Oct 29 Last Checked: Oct 29 at 6:29PM

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 Main Key Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This 2,937-square-foot storefront in Cape Girardeau was built in 1953 and has undergone extensive updates. Improvements include a new air-conditioning system, roof, gutters, flooring, fixtures, bathrooms, kitchenette, and siding, along with tuckpointing.

The property is on N Sprigg Street in the downtown business district. Its configuration can serve multiple offices or service providers.

Key Highlights

  • 2,937 square feet of renovated commercial space
  • New air‑conditioning system, roof, gutters, flooring, fixtures, bathrooms, kitchenette, and siding
  • Tuckpointing completed

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

SEMO Safehouse Thrift ... Clothing Store Main Key Realty ... Real Estate Agency

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Dental Office Pharmacy Electrical Service

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

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,151
Businesses Nearby
Under-served
Demand for This Use

Demographics for 63701, MO

39,246
Population
17,834
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
132.7 sq mi
ZIP Area
296
Density / Sq Mi
$67,904
Median Household Income
$32,655
Median Earnings
$863
Median Rent
$209,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cape Girardeau, MO

$13.6 /SF/Yr
Avg Asking Price
$7.5–$25 /SF/Yr
Price Range
3,046 SF
Avg Space Size

This space is priced 25% below the average of $13.6 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Arrangements By Joyce — 100 s sprigg st, cape girardeau, mo 63703
  • Magnolia Market — 427 Broadway St, Cape Girardeau, MO 63701

Frequently Asked Questions

What type of property is this?
Storefront property - The 2,937-square-foot building can accommodate multiple offices or service providers.
Where is this storefront property located?
The property is located at 230 N Sprigg Street Cape Girardeau, MO.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 2,937 square feet of renovated commercial space; New air‑conditioning system, roof, gutters, flooring, fixtures, bathrooms, kitchenette, and siding; Tuckpointing completed
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