Riverfront Commercial Asset For
450 N Main Street Cape Girardeau, MO 63701
450 N Main Street, Cape Girardeau, MO, 63701
Contact for pricing
For Sale
Contact for pricing
Prime riverfront property suitable for various commercial uses.
Property Size4,400 SF
Price / SF$90.91
Days on Market67
Property Features for 450 N Main Street
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Property subtype
- Mixed Use, Industrial
Building Details
- Year Built
- 1920
Listing Agency
Edge Realty
(573) 450-3791
Listed by
Jacob Fish · License #2010013545
Source
Crexi
Added: May 13 Checked: Jul 17 at 7:25 am
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 Edge Realty
Investment Insights
Based on property information with market context.
This commercial asset is situated directly along the Mississippi River. The property offers potential for office, restaurant, warehouse, or mixed-use concepts. A warehouse is currently located on the property. The property's location and visibility make it suitable for downtown development and parking. The property has a size of 4400 square feet.
Key Highlights
- Prime riverfront location directly on the Mississippi River
- High visibility and ideal for downtown development
- Versatile property suitable for office, restaurant, warehouse, or mixed‑use concepts
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $9.96 |
| − Vacancy | −$3.6k | −$0.83 |
| EGI | $40.2k | $9.13 |
| − OpEx | −$6.0k | −$1.37 |
| NOI | $34.2k | $7.76 |
4,400 SF · lease $9.96/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Specialty Retail
$635.4K
$556.0K – $741.3K
NOI $44,479 @ 7.0% cap · market cap 11.12%
Second Best
Warehouse
$488.0K
$427.0K – $569.3K
NOI $34,159 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,168 @ 7.0% cap · market cap 24.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Prime riverfront property suitable for various commercial uses.
Where is this mixed-use property located?
The property is located at 450 N Main Street Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime riverfront location directly on the Mississippi River; High visibility and ideal for downtown development; Versatile property suitable for office, restaurant, warehouse, or mixed‑use concepts
