Search
Restaurant Building with Apartment
For Sale
Under Contract
$649,900

331 S Main Street, Carthage, MO 64836

COMMERCIAL - Carthage, MO

Property Size14,924 SF
Lot Size0.20 Acres
Price / SF$43.55
Days on Market213

Property Features for 331 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Basement, Bathroom 5, Bathroom 3, Bathroom 2, Bathroom 1
Directions From Central and Garrison, go east to Main st. Go South on Main. Property on West side of the square.
Subdivision 09 - Carthage Area
Standard status Active Under Contract
Size 14,924 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 2289

Utilities

Utilities Electricity Available
Heating system Central, Heat Pump (Heating), Natural Gas
Cooling system Central Air

Amenities

LED lighting throughout
ceramic tint on the storefront windows
new upper storefront windows and trim
200 amp electric panels for both the restaurant and the apartment
new EIFS on the north exterior wall
deck for the apartment entrance

Building Details

Year built 1896
Number of units 1
Flooring type Carpet, Hardwood, Laminate
Roof type Rolled Hot Mop
Listing Agency: Real Broker, LLC
Listed By: FORREST. Real Estate Forrest Stodghill · License #2015033149
Added: Jan 16 Changed: Aug 4 Last Checked: Aug 17 at 7:06AM
MLS# 260299

Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant building combines restaurant and retail space with a separate income-producing retail space and a residential apartment. The property includes approximately 14,924 square feet of total space on a 0.2-acre lot, built in 1896. The apartment is a four-bedroom, two-bath layout and can be lived in or rented for additional income.

The existing configuration includes restaurant/retail space for a business and separate retail space with approximately 3 years remaining on the lease. Updates listed include LED lighting throughout, ceramic tint on the storefront windows, and new upper storefront windows and trim. Electrical service includes 200 amp electric panels for both the restaurant and the apartment, and the north exterior wall has new EIFS. A deck is included at the apartment entrance.

Comfort systems include central air and heating via natural gas, heat pump (heating), and central heating. Interior finishes include laminate, carpet, and hardwood flooring, and the roof is described as a rolled hot mop system. Electricity is available on site.

Key Highlights

  • Approximately 14,924 SF total space on a 0.2‑acre lot
  • Restaurant and retail space plus a separate leased retail space with approximately 3 years remaining
  • Four‑bedroom, two‑bath apartment for living or rental use

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Home Appliance 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64836, MO

25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant and retail space plus a four-bedroom, two-bath apartment with updates including LED lighting and storefront window improvements.
Where is this conventional restaurant located?
The property is located at 331 S Main Street Carthage, MO.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Approximately 14,924 SF total space on a 0.2‑acre lot; Restaurant and retail space plus a separate leased retail space with approximately 3 years remaining; Four‑bedroom, two‑bath apartment for living or rental use
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message