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Mixed-Use Building with Apartment
For Sale
Under Contract
$649,900

331 S Main Street, Carthage, MO 64836

Commercial Sale, Carthage, MO

Property Size14,924 SF
Lot Size0.20 Acres
Price / SF$43.55
Days on Market286

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 1, Bathroom 3, Bathroom 2, Bathroom 5
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

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Annual Amount 2289

Utilities

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

Building Details

Year built 1896
Number of units 1
Flooring type Laminate, Hardwood, Carpet
Roof type Rolled Hot Mop
Listing Agency: Real Broker, LLC
Listed By: FORREST. Real Estate Forrest Stodghill · License #2015033149
Added: Jan 16 Changed: Oct 27 Last Checked: Oct 29 at 6:06AM
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.

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Investment Insights

Based on property information with market context.

A 14,924-square-foot mixed-use property brings together restaurant and retail space, a separate retail area, and a four-bedroom, two-bathroom apartment. The building dates to 1896 and includes laminate, hardwood, and carpet flooring, central air, central heating, a heat pump, and natural gas service. Electricity is available, and the roof is rolled hot mop.

The separate retail space has approximately 3 years remaining on its lease. Recent improvements include LED lighting throughout, tinted storefront glazing, replacement upper storefront windows and trim, 200-amp electrical panels serving the restaurant and apartment, new EIFS on the north exterior wall, and a dedicated apartment entrance deck. The site occupies 0.2 acres.

Key Highlights

  • 14,924 square feet of mixed‑use space
  • Restaurant and retail areas, plus a separate leased retail space
  • Four‑bedroom, two‑bathroom apartment

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines restaurant and retail areas with separately leased retail space and a four-bedroom apartment.
Where is this mixed-use property 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: 14,924 square feet of mixed‑use space; Restaurant and retail areas, plus a separate leased retail space; Four‑bedroom, two‑bathroom apartment
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