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Two-Storefront Retail Building
For Sale
$975,000

26 N Spanish Street, Cape Girardeau, MO 63701

CBD zoning and a partial basement complement the building’s multi-level layout.

Property SizeContact for details
Days on Market8

Property Features for 26 N Spanish Street

General Information

Standard status Active
Zoning CBD

Taxes and HOA fees

Annual Taxes $1,999

Building Details

Year Built 1941
Buildings 1
Listing Agency: Lorimont L.C.
Listed By: Chris Cole · License #2018017770
Source: Exprealty
Added: Oct 15 Changed: Oct 21 Last Checked: Oct 21 at 2:17AM

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 Lorimont L.C.

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Investment Insights

Based on property information with market context.

Built in 1941, this 1.5-story retail property has two storefronts and 7,250 SF on the main level. The second floor adds 3,600 SF and is served by two staircases; a partial basement provides another 4,000 SF. The building is zoned CBD and is currently home to Spanish Street Mercantile.

The property is at the foot of the Common Pleas Courthouse in downtown Cape Girardeau. Furniture, fixtures, equipment, inventory, and other business assets may be negotiated separately.

Key Highlights

  • Two storefronts in a 1.5‑story building
  • 7,250 SF on the main level
  • 3,600 SF second floor with two staircases

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Spanish Street Mercantile Home Decor Store

Suggested Use

Top Pick Dental Office Electrical Service Skin Care Clinic HVAC Service Pharmacy (Bike/Boat/Book/etc) Store

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

897
Businesses Nearby
16k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 62% Dining 20% Home Improvements & Furnishings 18%
Courtyard Cape Girardeau Downtown Hotels & Casinos
10,045 visits/mo 0.3 miles
SUBWAY Dining
3,185 visits/mo 0.5 miles
Big Sandy Superstore Home Improvements & Furnishings
2,915 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Arrangements By Joyce — 100 s sprigg st, cape girardeau, mo 63703
  • Magnolia Market — 427 Broadway St, Cape Girardeau, MO 63701

Frequently Asked Questions

What type of property is this?
Storefront property - CBD zoning and a partial basement complement the building’s multi-level layout.
Where is this storefront property located?
The property is located at 26 N Spanish Street Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two storefronts in a 1.5‑story building; 7,250 SF on the main level; 3,600 SF second floor with two staircases
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