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Office Building with Redevelopment Potential
For Sale
$189,900

505 E Broadway Street, Monett, MO 65708

Commercial Sale, Monett, MO

Property SizeContact for details
Days on Market440

Property Features for 505 E Broadway Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 4, Bathroom 3
Subdivision Barry-Not in List
Lot features Sidewalk(s)
View City
Directions From Central (Hwy 37) and Broadway head east to 5th and Broadway and the building is on the south side of the street across from United Missouri Bank.
Standard status Active
APN 03-9.0-31-004-010-0002

Taxes and HOA fees

Tax Year 2024
Tax Description MONETT ORIGINAL ; LOTS 6 & 7 (EXCEPT SOUTH 15') & ALL LOTS 8,9,10,11, BLOCK 3
Tax Annual Amount 1084
Legal Description MONETT ORIGINAL ; LOTS 6 & 7 (EXCEPT SOUTH 15') & ALL LOTS 8,9,10,11, BLOCK 3

Utilities

Utilities Water Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1963
Roof type Asphalt, Rubber
Listing Agency: Coldwell Banker Show-Me Properties · Coldwell Banker Real Estate
Listed By: Rexanna Hood · License #2020035291
Added: Jul 2, 2025 Changed: Sep 13 Last Checked: Sep 14 at 5:06PM
MLS# 60298681

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.

Investment Insights

Based on property information with market context.

This commercial office building at 505 E Broadway Street contains over 17,000 square feet and was constructed in 1963. The property is positioned for renovation, with space that can be reconfigured for office, storage, or other uses supported by the building’s commercial zoning. Existing improvements include multiple bathrooms, forced-air heating, central air conditioning, and water availability.

Located in downtown Monett, the building includes asphalt and rubber roofing systems. Its size and existing infrastructure provide a substantial base for a future interior remodeling program.

Key Highlights

  • Over 17000 square feet of building area
  • Commercial zoning
  • Built in 1963

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Real Estate Agency HVAC Service Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 65708, MO

12,973
Population
5,222
Households
2.5
Avg Household Size
36
Median Age
14%
College-Educated
84%
High-School Grad
86.2 sq mi
ZIP Area
150
Density / Sq Mi
$53,267
Median Household Income
$36,343
Median Earnings
$853
Median Rent
$170,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial-zoned property with substantial interior area and existing heating and cooling systems.
Where is this office building located?
The property is located at 505 E Broadway Street Monett, MO.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Over 17000 square feet of building area; Commercial zoning; Built in 1963
More about this property
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