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Five-Unit Downtown Storefront
For Sale
$465,000

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

COMMERCIAL - Excelsior Springs, MO

Property Size8,129 SF
Lot Size0.37 Acres
Price / SF$57.20
Days on Market477

Property Features for 453-463 S Thompson Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-2
Parking features On Street
Exterior features Display Window
Directions 10 HWY East Through Excelsior Springs To S Thompson Ave Downtown Excelsior Springs (@ End Of Elms BLVD Intersection) Located On The Right/East Side Of S Thompson Ave
Subdivision 107 - East of I-35 & South of Hwy 92
Standard status Active
APN 12-311-00-46-011.01
Lot size 0.37 Acres

Taxes and HOA fees

Tax Description CITY BLOCKS EXCELSIOR SPRINGS PT CB 109 BEG 20'N OF NW COR LT 1 BLK C ELMS ADDITION, N104.8, E141.81, S105, W TO POB (To Be Verified by Closing Title)
Tax Annual Amount 4644
Legal Description CITY BLOCKS EXCELSIOR SPRINGS PT CB 109 BEG 20'N OF NW COR LT 1 BLK C ELMS ADDITION, N104.8, E141.81, S105, W TO POB (To Be Verified by Closing Title)

Utilities

Utilities Water Available

Building Details

Year built 1930
Floors in Building 1
Listing Agency: RE/MAX Area Real Estate · RE/MAX International
Listed By: SimmonsSales Team
Added: May 1, 2025 Changed: Aug 19 Last Checked: Aug 20 at 11:06AM
MLS# 2543422

Copyright © 2026 Heartland Multiple Listing Service. 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 multi-unit storefront property contains five fully leased units totaling 8,129 SF on a 0.37-acre parcel. Built in 1930, the building has display windows and on-street parking, with water available at the property. The units are leased month to month, and most have separate utility meters; Units 459 and 461 share a water meter.

Located at 453-463 S Thompson Avenue in downtown Excelsior Springs, the property is steps from the Elms Hotel & Spa and within walking distance of retail, dining, and brewery destinations. C-2 zoning supports the building’s commercial storefront configuration, while the single-parcel layout provides a consolidated ownership structure.

Key Highlights

  • Five fully leased units totaling 8,129 SF
  • 0.37‑acre commercial parcel with C‑2 zoning
  • Located at 453‑463 S Thompson Avenue in downtown Excelsior Springs

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

284
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 0.1 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 - The building combines C-2 zoning with display windows and on-street parking.
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 units totaling 8,129 SF; 0.37‑acre commercial parcel with C‑2 zoning; Located at 453‑463 S Thompson Avenue in downtown Excelsior Springs
More about this property
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