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Five-Unit Storefront Property
For Sale
$465,000

453-463 S Thompson Avenue, Excelsior Springs, MO 64024

Five leased suites provide a multi-tenant retail configuration in a walkable downtown setting.

Property Size8,129 SF
Lot Size0.37 Acres
Price / SF$57.20
Days on Market553

Property Features for 453-463 S Thompson Avenue

General Information

Standard status Active
Size 8,129 SF
Lot size 0.37 Acres
Property subtype Retail
Zoning C-2
Occupancy 100%

Additional Details

Gross Income $58,800
Utilities to Site Yes

Amenities

3
Parking.
On Street.

Building Details

Year Built 1930
Tenancy Multi
Listing Agency: RE/MAX Area Real Estate
Listed By: SimmonsSales Team
Source: Xome
Added: Feb 24, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:47PM

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 RE/MAX Area Real Estate

Investment Insights

Based on property information with market context.

This retail property contains five fully leased commercial units totaling 8,129 square feet on a 0.37-acre parcel. Built in 1930, the building is zoned C-2 General Commercial and may accommodate a sixth unit. Current occupancy is structured through month-to-month leases, offering flexibility in future term arrangements. Most units have separate utility meters, while Units 459 and 461 share a water meter.

The property is located at 453-463 S Thompson Avenue in downtown Excelsior Springs, near the Elms Hotel & Spa and a concentration of retail, dining, and brewery destinations. The site includes parking and on-street parking, with the storefront configuration supporting multiple commercial occupants under one parcel ID.

Key Highlights

  • Five fully leased commercial units totaling 8,129 SF
  • 0.37‑acre property zoned C‑2 (General Commercial)
  • Potential to configure a sixth unit

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Pharmacy

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
5,280 visits/mo 0.2 miles

Demographics for 64024, MO

15,575
Population
6,165
Households
2.5
Avg Household Size
42
Median Age
15%
College-Educated
89%
High-School Grad
70.4 sq mi
ZIP Area
221
Density / Sq Mi
$80,781
Median Household Income
$41,964
Median Earnings
$916
Median Rent
$185,200
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.

Similar Off Market Nearby

  • Excelsior Floral & Gift 413 S Thompson Ave, Excelsior Springs, MO 64024

Frequently Asked Questions

What type of property is this?
Storefront property - Five leased suites provide a multi-tenant retail configuration in a walkable downtown setting.
Where is this storefront property located?
The property is located at 453-463 S Thompson Avenue Excelsior Springs, MO.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Five fully leased commercial units totaling 8,129 SF; 0.37‑acre property zoned C‑2 (General Commercial); Potential to configure a sixth unit
More about this property
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