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Mixed-Use Income Property with Offices
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514-516 S Main Street, Grain Valley, MO 64029

Mixed-use building with nearly 6,000 sq ft of office space and three fully leased 2-bedroom apartments.

Property Size6,000 SF
Days on Market138

Property Features for 514-516 S Main Street

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail, Office

Additional Details

Multifamily Units 3
Listing Agency: RE/MAX Heritage
Listed By: Felicia Davis-Harris
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 5:06AM

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 Heritage

Investment Insights

Based on property information with market context.

This mixed-use income property includes nearly 6,000 sq ft of office space and three fully leased 2-bedroom, 1-bath apartments. One office suite is already leased on a term basis, while the remaining office space is available for a new tenant or for the next owner’s business use.

Located at 514-516 S Main Street in Grain Valley, MO, the building is positioned for downtown activity. The offering also includes first right of refusal on a neighboring building that includes a coffee shop, a Mexican restaurant, and apartments.

Key Highlights

  • Mixed‑use building with nearly 6,000 sq ft of office space.
  • Three fully leased 2‑bedroom, 1‑bath apartments included.
  • One office suite is leased on a term lease, adding current rental income.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom HVAC Service Skin Care Clinic

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby

Demographics for 64029, MO

20,054
Population
8,185
Households
2.5
Avg Household Size
36
Median Age
30%
College-Educated
95%
High-School Grad
31.8 sq mi
ZIP Area
631
Density / Sq Mi
$89,074
Median Household Income
$50,332
Median Earnings
$1,369
Median Rent
$284,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with nearly 6,000 sq ft of office space and three fully leased 2-bedroom apartments.
Where is this mixed-use property located?
The property is located at 514-516 S Main Street Grain Valley, MO.
What are key features of this property?
This property features: Mixed‑use building with nearly 6,000 sq ft of office space.; Three fully leased 2‑bedroom, 1‑bath apartments included.; One office suite is leased on a term lease, adding current rental income.
More about this property
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