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

331 S Main Street, Carthage, MO 64836

COMMERCIAL - Carthage, MO

Property Size15,000 SF
Lot Size0.20 Acres
Price / SF$43.33
Days on Market218

Property Features for 331 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 2
View City
Directions From Central and Garrison, go east to Main st. Go South on Main. Property on West side of the square.
Standard status Active Under Contract
APN 03-250033-0000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 2289

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Amenities

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

Building Details

Year built 1896
Listing Agency: Real Broker LLC
Listed By: Forrest Real Estate · License #2015033149
Added: Jan 16 Changed: Aug 18 Last Checked: Aug 22 at 7:06PM
MLS# 60313608

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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 mixed-use property at 331 S Main Street combines restaurant and retail space with a separate retail area that has approximately 3 years remaining on its lease. The property also includes a 4 bed/2 bath apartment, offering residential space within the commercial building. Total space is nearly 15,000, and the property sits on 0.2 acres. Built in 1896, the building has received multiple updates, including LED lighting, ceramic-tinted storefront windows, upper storefront windows and trim, 200 amp electric panels serving both the restaurant and apartment, new EIFS on the north exterior wall, and a deck at the apartment entrance.

The property is positioned on the historic Carthage square in Carthage, Missouri. Heating is provided by a heat pump, and the building has central air conditioning. The combination of restaurant, retail, leased space, and apartment uses creates a varied commercial configuration within one property.

Key Highlights

  • Nearly 15000 of total space on 0.2 acres
  • Restaurant and retail space plus separate leased retail area
  • 4 bed/2 bath apartment included

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

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

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?
Mixed-use property - Restaurant, retail, leased commercial space, and a four-bedroom apartment occupy this multi-component downtown property.
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: Nearly 15000 of total space on 0.2 acres; Restaurant and retail space plus separate leased retail area; 4 bed/2 bath apartment included
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