Historic Mixed-Use
For Sale
Contact for pricing
405 S Main St, Joplin, MO 64801
Downtown building includes available retail space with tenant-paid utilities.
Property Size2,100 SF
Price / SF$0.57
Days on Market137
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Property Features for 405 S Main St
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Commercial
Building Details
Year Built
1882
Listing Agency:
Keller Williams Realty Elevate
Listed By:
Amy Hunt Realty
(417) 623-9900
Source:
Trilakeshomesearch
Added: Jun 1
Changed: Oct 1
Last Checked: Oct 14 at 11:24PM
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 Keller Williams Realty Elevate
Investment Insights
Based on property information with market context.
Built in 1882, this 2,100-square-foot mixed-use property at 405 S Main Street includes retail space currently available for occupancy. The building retains its historic character and offers a commercial setting within Downtown Joplin.
The property is positioned on Main Street in Joplin, Missouri, with visibility from the surrounding downtown area. Tenant-paid utilities provide a defined operating arrangement for the available retail space.
The property is positioned on Main Street in Joplin, Missouri, with visibility from the surrounding downtown area. Tenant-paid utilities provide a defined operating arrangement for the available retail space.
Key Highlights
- 2,100‑square‑foot mixed‑use property
- Constructed in 1882
- Retail space currently available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,837
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,740
$376.7K
Cap Rate 7%
$269,100
$269.1K
Cap Rate 9%
$209,300
$209.3K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$32.8K $15.60/SF
− Vacancy
−$2.6K −$1.25/SF
EGI
$30.1K $14.35/SF
− OpEx
−$11.3K −$5.38/SF
NOI
$18.8K $8.97/SF
Area
Jasper County, MO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,740
Cap Rate 7%
$269,100
Cap Rate 9%
$209,300
Alternative Uses
Best Use
Retail
$283.0K
$247.7K – $330.2K
NOI $19,813 @ 7.0% cap · market cap 1,651.08%
Second Best
Mixed Use
$269.1K
$235.5K – $314.0K
NOI $18,837 @ 7.0% cap · market cap 1,569.75%
Theoretical Best
Office A
$633.6K
$554.4K – $739.2K
NOI $44,352 @ 7.0% cap · market cap 3,696.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown building includes available retail space with tenant-paid utilities.
Where is this mixed-use property located?
The property is located at 405 S Main St Joplin, MO.
What are key features of this property?
This property features: 2,100‑square‑foot mixed‑use property; Constructed in 1882; Retail space currently available
