20 N Spanish Street Cape Girardeau, MO 63701
7,396 SF commercial building with multiple dining areas.
- Added:
- May 13, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 27 at 8:10 pm
Property Features for 20 N Spanish Street
General Information
- Standard status
- Active
- Size
- 7,396 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1966
Listing office Edge Realty (573) 450-3791
Listing date May 13, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Edge Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the heart of historic downtown Cape Girardeau.
- Versatile 7,396 sq ft commercial space configured for banquet (60 seats), dining (135 seats), and bar areas.
- Potential for division into two separate units.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.8k | $14.04 |
| − Vacancy | −$6.4k | −$0.87 |
| EGI | $97.4k | $13.17 |
| − OpEx | −$29.2k | −$3.95 |
| NOI | $68.2k | $9.22 |
