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Renovated Commercial Building on Sprigg
For Sale
$239,900

230 N Sprigg Street, Cape Girardeau, MO 63701

Renovated commercial space with high visibility and income potential.

Property Size2,937 SF
Lot Size0.25 Acres
Price / SF$81.68
Days on Market825

Property Features for 230 N Sprigg Street

General Information

Standard status Active
Size 2,937 SF
Lot size 0.25 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $1,797

Building Details

Year Built 1953
Listing Agency: Main Key Realty, LLC
Listed By: Amy Chiles · License #2017027227
Source: Exitrealty
Added: May 15, 2024 Changed: Aug 8 Last Checked: Aug 12 at 7:04AM

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 Main Key Realty, LLC

Investment Insights

Based on property information with market context.

This commercial building offers significant potential in a prime location with road frontage on North Sprigg Street. The property features approximately 3000 square feet of renovated space. Recent renovations include a new roof, gutters, air conditioning system, flooring, fixtures, bathrooms, kitchenette, and siding, along with newly tuckpointed brickwork. The property is situated in the Business District, offering great visibility and proximity to downtown activities. It is suitable for a commercial storefront, office building, or personal services. The property offers rental income potential and space for multiple offices or service providers. The location experiences high traffic.

Key Highlights

  • Prime location on N Sprigg St with high traffic and great visibility in the Business District.
  • Almost 3000 sq ft of renovated space suitable for multiple offices or service providers.
  • Completely renovated** with a brand new roof, gutters, A/C, flooring, fixtures, bathrooms, kitchenette, and siding.

Property Analytics

Current Use

SEMO Safehouse Thrift ... Clothing Store Main Key Realty ... Real Estate Agency

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Acupuncture Pharmacy

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

170
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated commercial space with high visibility and income potential.
Where is this office building located?
The property is located at 230 N Sprigg Street Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Prime location on N Sprigg St with high traffic and great visibility in the Business District.; Almost 3000 sq ft of **renovated space** suitable for multiple offices or service providers.; Completely renovated** with a brand new roof, gutters, A/C, flooring, fixtures, bathrooms, kitchenette, and siding.
More about this property
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