Historic Downtown Retail & Office
For Sale
Contact for pricing
205 North Main Street, Nixa, MO 65714
Flexible, landmark downtown building with multiple office and retail areas, private bathrooms, and strong year-round visibility.
Property Size3,286 SF
Price / SF$212.99
Days on Market53
Property Features for 205 North Main Street
General Information
Standard status
Active
Size
3,286 SF
Property subtype
Retail, Office, Mixed Use
Zoning
Neighborhood Commercial
Building Details
Year Built
1900
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Home Sweet Home Realty & Associates, LLC
(417) 294-5577
Listed By:
Rachel Dillard · License #MO 2020009643
Source:
Crexi
Added: Jun 20
Changed: Aug 10
Last Checked: Aug 10 at 12:26PM
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 Home Sweet Home Realty & Associates, LLC
Investment Insights
Based on property information with market context.
This sale offers an iconic historic building along with the associated lot in downtown Nixa, featuring approximately 3,100+ square feet of versatile commercial space. The property includes multiple office and retail areas, private bathrooms, and storage space, with flexible layouts designed to support a range of operational needs. The building is currently home to Rosebud’s Cottage boutique.
Located in the heart of downtown Nixa, the property is positioned within steps of downtown shops, restaurants, and community gathering spaces. Public remarks note outstanding visibility, strong traffic counts, and year-round exposure connected to local community events and festivals.
The configuration makes the building practical for tenants and owners considering retail, office, restaurant, event, professional, or mixed-use concepts within a single structure. For investors or operators seeking a recognizable Main Street asset, the current tenancy and diversified interior areas provide a straightforward foundation for adapting the space to a new business plan while keeping the building’s historic character.
Located in the heart of downtown Nixa, the property is positioned within steps of downtown shops, restaurants, and community gathering spaces. Public remarks note outstanding visibility, strong traffic counts, and year-round exposure connected to local community events and festivals.
The configuration makes the building practical for tenants and owners considering retail, office, restaurant, event, professional, or mixed-use concepts within a single structure. For investors or operators seeking a recognizable Main Street asset, the current tenancy and diversified interior areas provide a straightforward foundation for adapting the space to a new business plan while keeping the building’s historic character.
Key Highlights
- Historic 1900‑built downtown Nixa building with about 3,100+ SF of versatile commercial space
- Includes the entire building and lot at 205 N Main Street
- Multiple office and retail areas with flexible layouts for retail, office, restaurant, event, professional, or mixed‑use concepts
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
$26,038
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
3.72%
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%
$520,760
$520.8K
Cap Rate 7%
$371,971
$372.0K
Cap Rate 9%
$289,311
$289.3K
Market Conditions
NOI Build-Up for 3,286 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
$36.3K $11.04/SF
− Vacancy
−$1.6K −$0.47/SF
EGI
$34.7K $10.57/SF
− OpEx
−$8.7K −$2.64/SF
NOI
$26.0K $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%
$520,760
Cap Rate 7%
$371,971
Cap Rate 9%
$289,311
Alternative Uses
Best Use
Office B
$372.0K
$325.5K – $434.0K
NOI $26,038 @ 7.0% cap · market cap 3.72%
Second Best
Retail
$349.4K
$305.7K – $407.6K
NOI $24,455 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$496.0K
$434.0K – $578.6K
NOI $34,718 @ 7.0% cap · market cap 4.96%
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
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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Frequently Asked Questions
What type of property is this?
Retail space - Flexible, landmark downtown building with multiple office and retail areas, private bathrooms, and strong year-round visibility.
Where is this retail space located?
The property is located at 205 North 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: Historic 1900‑built downtown Nixa building with about 3,100+ SF of versatile commercial space; Includes the entire building and lot at 205 N Main Street; Multiple office and retail areas with flexible layouts for retail, office, restaurant, event, professional, or mixed‑use concepts
