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Historic Retail and Office Building
For Sale
$770,000

215 S Wall Avenue, Joplin, MO 64801

COMMERCIAL - Joplin, MO

Property Size5,700 SF
Lot Size0.14 Acres
Price / SF$135.09
Days on Market272

Property Features for 215 S Wall Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Directions From 4th and Main, west to Wall Ave. North on Wall to building on east side of street.
Subdivision 01 - Joplin City - NW
Standard status Active
APN 33-009391-0000
Size 5,700 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 169

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1911
Flooring type Ceramic, Concrete
Roof type Rolled Hot Mop
Listing Agency: GLENN GIBSON COMMERCIAL REAL ESTATE
Listed By: Luke Gibson · License #2015033987
Added: Nov 5, 2025 Changed: Jun 15 Last Checked: Aug 4 at 12:06PM
MLS# 256192

Copyright © 2026 Ozark Gateway Association of Realtors. 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.

The White Motor Company Building, originally constructed in 1911, has been fully restored and renovated in 2019. The property offers approximately 5,700 square feet of flexible open space designed to support a range of commercial uses, including retail, creative office space, showroom concepts, event space, or mixed-use programming. Interiors feature polished concrete flooring and exposed brick walls, preserving architectural character while incorporating modern finishes. The building includes two ADA-compliant restrooms and all-new windows to enhance energy efficiency. A versatile front door/garage door entry supports both storefront-style access and convenient indoor-outdoor flow. Solar panels are installed on the roof, and the exterior improvements include preserved historic elements throughout.

Located at 215 S Wall Avenue in Joplin, Missouri, the building sits on a 0.14-acre lot. The property’s restored historic presence and preserved architectural features help it stand out visually while maintaining a practical, adaptable interior.

For tenants, buyers, and operators, the combination of flexible open layout, abundant natural light, and ADA accessibility supports multiple front-of-house and workspace arrangements. The garage-style entry can be particularly useful for loading needs or for creating a more dramatic retail or showroom entrance. With key building improvements already completed, the space is positioned for an owner-operator or an organization seeking a distinctive, ready-to-use commercial environment.

Key Highlights

  • 5,700 sq. ft. commercial space with flexible open layout and exceptional natural light
  • Historic White Motor Company Building originally built in 1911 and renovated in 2019
  • Solar panels installed on the roof to help reduce monthly electric costs

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 $80.0k $14.04
− Vacancy −$3.2k −$0.56
EGI $76.8k $13.48
− OpEx −$23.0k −$4.04
NOI $53.8k $9.43
5,700 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.07M
$938.8K – $1.25M (±1% cap)
NOI $75,103 @ 7.0% cap · market cap 9.75%
Second Best
Retail
$768.3K
$672.2K – $896.3K (±1% cap)
NOI $53,779 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M (±1% cap)
NOI $120,384 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Main Street Axe ... Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service

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

1,223
Businesses Nearby

Demographics for 64801, MO

35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
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?
Creative space - Fully restored historic building with flexible open layout, natural light, and ADA restrooms for retail, office, or showroom use.
Where is this creative space located?
The property is located at 215 S Wall Avenue Joplin, MO.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: 5,700 sq. ft. commercial space with flexible open layout and exceptional natural light; Historic White Motor Company Building originally built in 1911 and renovated in 2019; Solar panels installed on the roof to help reduce monthly electric costs
More about this property
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