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Mixed-Use Property with Apartment
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309 S Franklin St., Kirksville, MO 63501

Main-level commercial space is paired with an upstairs residential unit.

Property SizeContact for details
Days on Market4

Property Features for 309 S Franklin St.

General Information

Standard status Active
Property subtype Special Purpose

Financials

Asking Price $379,000
Average Monthly Rent $1,800
Business Included Yes

Units

Unit Mix 1 x 4BR/2BA
Multifamily Units 1

Building Details

Buildings 1
Listing Agency: CENTURY 21 Lifetime Realty
Listed By: C. Mark Whitney · License #MO
Source: Crexi
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 2 at 1:59PM

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 CENTURY 21 Lifetime Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines an established commercial business on the main level with an upstairs apartment. The commercial portion includes business equipment and improvements, while the residential component offers four bedrooms and two bathrooms.

The property is located in downtown Kirksville near Truman State University, placing commercial and residential uses within an established downtown setting. The combination of business space and an income-producing apartment creates a two-part property configuration at 309 S Franklin St.

Key Highlights

  • Main‑level commercial business with equipment and improvements
  • Upstairs apartment with 4 bedrooms and 2 bathrooms
  • Mixed‑use configuration combining commercial and residential space

Property Analytics

Current Use

Sparks Cleaners (Bike/Boat/Book/etc) Store Copy Systems Business ... Telecommunications Service Sparks Cleaners Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Real Estate Agency Electrical Service Plumbing Service Daycare Center

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

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Kirksville #4 Shops & Services
10,834 visits/mo 0.0 miles
Conoco Shops & Services
3,129 visits/mo 0.4 miles
U.S. Bank Shops & Services
2,617 visits/mo 0.2 miles
Bank Midwest Shops & Services
2,374 visits/mo 0.3 miles

Demographics for 63501, MO

21,501
Population
9,445
Households
2.3
Avg Household Size
29
Median Age
38%
College-Educated
93%
High-School Grad
206.3 sq mi
ZIP Area
104
Density / Sq Mi
$55,394
Median Household Income
$29,959
Median Earnings
$783
Median Rent
$159,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Main-level commercial space is paired with an upstairs residential unit.
Where is this mixed-use property located?
The property is located at 309 S Franklin St. Kirksville, MO.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Main‑level commercial business with equipment and improvements; Upstairs apartment with 4 bedrooms and 2 bathrooms; Mixed‑use configuration combining commercial and residential space
(660) 341-4527 Call to check price and availability
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