Historic Storefront
For Sale
$699,900
205 N Main Street, Nixa, MO 65714
SINGLE_FAMILY - Nixa, MO
Property Size3,100 SF
Lot Size0.29 Acres
Price / SF$225.77
Days on Market50
Property Features for 205 N Main Street
General Information
Property type
Residential
Property subtype
Retail
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Lot features
Sidewalk(s), Level
Directions
From Ozark, take US-65 North and exit onto State Highway CC/Tracker Road toward Nixa. Continue west into Nixa, then turn right onto Main Street and head north through downtown. Continue on North Main Street, and the property at 205 N Main Street will be located just north of the downtown district.
Standard status
Active
APN
100613002018001000
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PART 1005 VILLAGE OF NIXA ALSO, LOTS 1,2 & 3 THRIVE ADDITION
Tax Annual Amount
4105
Legal Description
PART 1005 VILLAGE OF NIXA ALSO, LOTS 1,2 & 3 THRIVE ADDITION
Utilities
Utilities
Water Available
Heating system
Forced Air, Natural Gas
Cooling system
Electric, Zoned, Wall Unit(s)
Amenities
private bathrooms
storage space
Building Details
Year built
1900
Number of units
2
Roof type
Composition
Listing Agency:
Home Sweet Home Realty & Associates, LLC
(417) 221-6466
Listed By:
Rachel Dillard · License #2020009643
(417) 294-5577
Added: Jun 18
Changed: Aug 5
Last Checked: Aug 6 at 2:06PM
MLS# 60326730
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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.
Own a landmark-style storefront property in downtown Nixa at 205 N Main Street. The sale includes the entire building and lot, offering approximately 3,100+ square feet of versatile commercial space with room for retail, office, restaurant, event, professional, or mixed-use concepts.
Inside, the layout includes multiple office and retail areas, private bathrooms, and storage space designed to support flexible operations. Additional built-in comforts include forced-air heating with natural gas, zoned cooling with wall unit(s), and electric cooling. The property was built in 1900 and features a composition roof.
Utilities noted include water available, and the configuration includes Bathroom 1 and Bathroom 2 to support client and staff use depending on the concept.
Inside, the layout includes multiple office and retail areas, private bathrooms, and storage space designed to support flexible operations. Additional built-in comforts include forced-air heating with natural gas, zoned cooling with wall unit(s), and electric cooling. The property was built in 1900 and features a composition roof.
Utilities noted include water available, and the configuration includes Bathroom 1 and Bathroom 2 to support client and staff use depending on the concept.
Key Highlights
- Includes entire building and lot at 205 N Main Street
- Approximately 3,100+ SF of versatile retail and office space
- Multiple office and retail areas plus storage space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,564
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$491,280
$491.3K
Cap Rate 7%
$350,914
$350.9K
Cap Rate 9%
$272,933
$272.9K
Market Conditions
NOI Build-Up for 3,100 SF
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.
Gross rent
$34.2K $11.04/SF
− Vacancy
−$1.5K −$0.47/SF
EGI
$32.8K $10.57/SF
− OpEx
−$8.2K −$2.64/SF
NOI
$24.6K $7.92/SF
Area
Christian County, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$491,280
Cap Rate 7%
$350,914
Cap Rate 9%
$272,933
Alternative Uses
Best Use
Office B
$350.9K
$307.1K – $409.4K
NOI $24,564 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$329.6K
$288.4K – $384.5K
NOI $23,070 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$467.9K
$409.4K – $545.9K
NOI $32,752 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 65714, MO
35,109
Population
13,459
Households
2.6
Avg Household Size
39
Median Age
37%
College-Educated
94%
High-School Grad
51.1 sq mi
ZIP Area
687
Density / Sq Mi
$82,548
Median Household Income
$46,746
Median Earnings
$985
Median Rent
$261,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Moxie Flowers & More — 104 E Mt Vernon St, Nixa, MO 65714
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Frequently Asked Questions
What type of property is this?
Storefront property - Historic storefront building with flexible retail and office areas, private bathrooms, and forced-air natural gas heating.
Where is this storefront property located?
The property is located at 205 N Main Street Nixa, MO.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Includes entire building and lot at 205 N Main Street; Approximately 3,100+ SF of versatile retail and office space; Multiple office and retail areas plus storage space
