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Eight-Unit Retail Center
New
For Sale
$249,000

24872 State Highway 39, Shell Knob, MO 65747

Commercial Sale, Shell Knob, MO

Property SizeContact for details
Lot Size0.50 Acres
Days on Market2

Property Features for 24872 State Highway 39

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 1, Bathroom 7, Bathroom 6, Bathroom 3, Bathroom 8, Bathroom 5, Bathroom 2, Bathroom 4
Lot features Sidewalk(s)
Directions S. on 39 to center of Shell Knob.
Standard status Active
APN 21-2.0-10-004-001-0005.000
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 896

Utilities

Utilities Electricity Available
Heating system Electric (Heating), Forced Air
Cooling system Electric, Window Unit(s)

Building Details

Year built 1958
Roof type Composition
Listing Agency: Keller Williams Tri-Lakes · Keller Williams Realty
Listed By: James Alan Cotton
Added: Oct 16 Changed: Oct 17 Last Checked: Oct 17 at 7:06AM
MLS# 60336441

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.

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Investment Insights

Based on property information with market context.

The retail center contains eight separate units, each equipped with a private bathroom and its own heating and cooling system. The property was built in 1958 and has a composition roof. Electric service is available, with electric and forced-air heating and electric and window-unit cooling. Half of the commercial units are leased.

Key Highlights

  • Eight commercial units, each with a private bathroom
  • Separate heating and cooling systems for each unit
  • 50% of the commercial units are leased

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy HVAC Service Florist

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

50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 65747, MO

3,364
Population
3,245
Households
1
Avg Household Size
63
Median Age
15%
College-Educated
90%
High-School Grad
76.7 sq mi
ZIP Area
44
Density / Sq Mi
$51,795
Median Household Income
$28,702
Median Earnings
$773
Median Rent
$252,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Each commercial suite has a private bathroom and independent heating and cooling.
Where is this strip mall located?
The property is located at 24872 State Highway 39 Shell Knob, MO.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Eight commercial units, each with a private bathroom; Separate heating and cooling systems for each unit; 50% of the commercial units are leased
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