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Medical Office Condominiums

202300305306-937 Broadway St, Cape Girardeau, MO 63701

For Sale
$99,000

Four office condominium units inside a historic medical arts building with established downtown traffic patterns.

Property Size4,300 SF
Price / SF$23.02
Days on Market935

Property Features for 202300305306-937 Broadway St

General Information

Standard status Active
Size 4,300 SF

Additional Details

Office Units 4
Listing Agency: Edge Realty
Listed By: Jacob Fish · License #2010013545
Source: Exprealty
Added: Apr 19, 2024 Changed: Oct 26 Last Checked: Nov 8 at 7:20AM

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 Edge Realty

Rey
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Investment Insights

Based on property information with market context.

This offering consists of four commercial condominium units located inside the historic Cape Girardeau Medical Arts building. Each unit is positioned within the existing building, giving buyers an ownership interest in separate office spaces in a shared medical arts setting.

The property is situated downtown and positioned across from the Southeast Campus Alumni Center. Public remarks indicate the area experiences high traffic and ongoing development activity, supporting the building’s visibility to business and professional users.

These condominiums may appeal to buyers seeking individual ownership of office or medical office space within a multi-unit medical arts facility. The configuration as separate condo units can provide flexibility for owner-occupants and investors who want to purchase more than one suite within a single, established building. For tenant and user planning, the units’ placement inside the medical arts structure may support a professional environment aligned with office and medical office uses, subject to the building’s operating setup and applicable rules.

Key Highlights

  • Four commercial condominium office units inside the historic Cape Girardeau Medical Arts building
  • Units are located across from the Southeast Campus Alumni Center
  • Downtown setting with established high‑traffic patterns

Property Analytics

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

Current Use

Office Units

Suggested Use

Top Pick Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Bakery

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

4
Office units

Location Intelligence

Trade Area within ½ mile

992
Businesses Nearby

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
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Market

Average Price Trend$/SF for Office Units in Cape Girardeau County, MO

$39.7 Jul
$12.23 Aug
$12.23 Sep
$12.23 Oct

Properties on Market for Office Units in Cape Girardeau County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Four office condominium units inside a historic medical arts building with established downtown traffic patterns.
Where is this office unit located?
The property is located at 202300305306-937 Broadway St Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Four commercial condominium office units inside the historic Cape Girardeau Medical Arts building; Units are located across from the Southeast Campus Alumni Center; Downtown setting with established high‑traffic patterns
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