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    Historic Building on Gainesville Square Title is generated by Realmo AI

    333 Main Street, Gainesville, MO 65655

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    For Sale
    $140,000

    SINGLE_FAMILY - Gainesville, MO

    Type:Office
    Lot size:
    0.06 Acres
    Added:
    Jan 22, 2026
    Days on Market:
    116
    Last Refresh:
    May 18 at 10:06 pm

    Property Features for 333 Main Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    On Street
    Standard status
    Active
    APN
    15-0.3-07-001-004-001.000
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    FR NE NE; FR LOT 1 BLK 13 GAINESVILLE
    Tax Annual Amount
    1263

    Utilities

    Utilities
    Water Available
    Heating system
    Propane (Heating), Wall Furnace
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1940
    Roof type
    Metal

    We can help!

    Listing Contact
    Debra Schilling Smith

    Listing agent Debra Schilling Smith

    Listing office United Country Missouri Ozarks Realty Inc. MO

    Listing date Jan 22, 2026

    MLS# 60313966

    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.

    HighLights

    • Prime downtown location on Gainesville Square, across from the Ozark County Courthouse.
    • Extensive renovations completed on the lower level, including updated plumbing, electrical, and HVAC.
    • Flexible layout suitable for various professional uses.
    • Historical significance as a renovated building with former hotel rooms on the upper level.
    • Move‑in ready lower level boasts original wood floors, marble accents, and new cabinetry.
    • Upper level presents an opportunity for customization and further improvements with new windows already installed.

    Overview

    This mostly renovated building holds historical significance and is situated in a prime downtown location on the Gainesville Square, across from the Ozark County Courthouse. The upper units were once hotel rooms. The lower level, previously a doctor's office, has been restored, retaining its original wood floors and architectural features. Modern upgrades include new PEX pipe plumbing, updated electrical systems, crown molding, insulation, and central air. The bathroom features marble floors, and the reception area has marble counters. New cabinetry and fresh paint have been added. The flexible layout is suitable for various professional uses, including medical practices, retail stores, insurance agencies, and private schools. The upper level requires TLC but features new windows and initial improvements. The property offers a blend of history and modern updates.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ryan Krug American ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Auto Repair Shop Building Supply Hair Salon Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Ozark
    State
    Missouri
    Longitude
    -92.427979
    Latitude
    36.603798

    Nearby Similar for Sale

    • $140,000
      3,329 SF

      Gainesville Historic Building For Sale

      Renovated historic building in downtown Gainesville, ideal for various businesses.
      333 MAIN STREET, Gainesville, MO 65655
      View Details
    • $100,000
      3,200 SF

      Gainesville Commercial Space Opportunity

      2,200 SF commercial space in excellent condition on Main Street.
      195 Main St, Gainesville, MO, 65655
      View Details

    FAQs

    What type of property is this?
    Office building - Renovated historic building with modern amenities and flexible layout.
    Where is this office building located?
    The property is located at 333 Main Street Gainesville, MO.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Prime downtown location on Gainesville Square, across from the Ozark County Courthouse.; Extensive renovations completed on the lower level, including updated plumbing, electrical, and HVAC.; Flexible layout suitable for various professional uses.
    (417) 251-5081
    We can help!
    Listing Contact
    Debra Schilling Smith
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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