Historic Downtown Office
320 Main St Troy, MO 63379
320 Main St, Troy, MO, 63379
$350,000
For Sale
$350,000
Two-story historic office building with an attached rear parking lot for off-street customer and employee access.
Property Size2,772 SF
Price / SF$126.26
Days on Market28
Property Features for 320 Main St
General Information
- Standard status
- Active
- Size
- 2,772 SF
Listing agency
Tom Anderson Real Estate
(636) 366-4880
Listed by
Tracy Miller
(636) 366-4880
Source
Exprealty
Added: Jun 25 Updated: Jul 21 at 4:44PM Checked: Jul 21 at 4:44PM
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 Tom Anderson Real Estate
Investment Insights
Based on property information with market context.
320 Main St. offers approximately 2,772 square feet across two stories in a historic downtown setting. The building features an original cornerstone and exterior second-story brick arches and architectural details that reflect its period character.
An attached rear parking lot provides off-street parking and convenient customer and employee access. The property is surrounded by locally owned businesses, restaurants, financial institutions, and government offices, and it is described as a highly recognizable location with consistent traffic and excellent accessibility.
A current business will continue to operate within the building during normal business hours; please do not disturb.
An attached rear parking lot provides off-street parking and convenient customer and employee access. The property is surrounded by locally owned businesses, restaurants, financial institutions, and government offices, and it is described as a highly recognizable location with consistent traffic and excellent accessibility.
A current business will continue to operate within the building during normal business hours; please do not disturb.
Key Highlights
- Historic two‑story office building at 320 Main Street with approximately 2,772 SF
- Original cornerstone and historic architectural character, including exterior second‑story brick arches and details
- Attached rear parking lot providing off‑street customer and employee access
Local Financial Insights For Specialty 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 | $38.9k | $14.04 |
| − Vacancy | −$1.6k | −$0.56 |
| EGI | $37.4k | $13.48 |
| − OpEx | −$9.3k | −$3.37 |
| NOI | $28.0k | $10.11 |
2,772 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$533.7K
$467.0K – $622.7K
NOI $37,362 @ 7.0% cap · market cap 10.67%
Second Best
Specialty Retail
$400.3K
$350.3K – $467.0K
NOI $28,022 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$685.5K
$599.8K – $799.8K
NOI $47,987 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Two-story historic office building with an attached rear parking lot for off-street customer and employee access.
Where is this office building located?
The property is located at 320 Main St Troy, MO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Historic two‑story office building at 320 Main Street with approximately 2,772 SF; Original cornerstone and historic architectural character, including exterior second‑story brick arches and details; Attached rear parking lot providing off‑street customer and employee access
