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Historic Storefront Building with Freight Elevator
For Sale
$70,000

1802 Franklin Avenue, Lexington, MO 64067

COMMERCIAL - Lexington, MO

Property SizeContact for details
Lot Size0.25 Acres
Days on Market145

Property Features for 1802 Franklin Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Parking features On Street, Garage
Interior features Elevator, In-Law Floorplan
Accessibility Accessible Elevator Installed
Directions Follow US-24 E to S 24th St in Lexington Township, Continue on S 24th St. Drive to S 18th St in Lexington, Turn left onto S 24th St, Turn left onto South St, Turn right onto S 18th St, Destination will be on the right
Subdivision 210 - Lafayette County, Mo
Standard status Active
APN 03-8.0-34-2-001-061.000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description LOT 5 BLK 11 FIRST ADDN TO LEXINGTON; 572-81, 736-558, 1151-957, 1152-750 SOLD ON 2021 TAX SALE
Tax Annual Amount 746
Legal Description LOT 5 BLK 11 FIRST ADDN TO LEXINGTON; 572-81, 736-558, 1151-957, 1152-750 SOLD ON 2021 TAX SALE

Amenities

brick courtyard
detached garage
freight elevator

Building Details

Year built 1880
Floors in Building 2
Listing Agency: ReeceNichols-KCN · HomeLife
Listed By: Luis Venegas
Added: Mar 20 Changed: Aug 4 Last Checked: Aug 11 at 5:06PM
MLS# 2608058

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Historic storefront building near downtown on Franklin Avenue in Lexington, Missouri, built in 1880 on a 0.245-acre lot. The property is a significant early neighborhood store building and is set up with a huge first floor featuring 12-foot ceilings that can be used as retail space.

A freight elevator provides vertical service from the first floor to the basement, and an accessible elevator is installed. The second floor offers flexible space that can function as an apartment/home or an office, supported by an in-law floorplan.

Outdoor and parking features include a brick courtyard, on-street parking, and a detached garage. The building also includes office-ready elements and additional storage/service space via the basement level.

Key Highlights

  • Built in 1880 on a 0.245‑acre lot
  • Huge first floor with 12‑foot ceilings for retail use
  • Freight elevator from first floor to basement

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom

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

380
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64067, MO

5,702
Population
2,553
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
88%
High-School Grad
73.1 sq mi
ZIP Area
78
Density / Sq Mi
$81,071
Median Household Income
$42,074
Median Earnings
$725
Median Rent
$183,900
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Historic storefront building with freight elevator, 12-foot ceilings, brick courtyard, and C zoning.
Where is this storefront property located?
The property is located at 1802 Franklin Avenue Lexington, MO.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Built in 1880 on a 0.245‑acre lot; Huge first floor with 12‑foot ceilings for retail use; Freight elevator from first floor to basement
More about this property
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