Two-Story Mixed-Use
For Sale
$1,695,500
516 W Front Street, Washington, MO 63090
Ground-floor restaurant and bar space sits below a leased office unit.
Property Size6,069 SF
Price / SF$279.37
Days on Market122
Property Features for 516 W Front Street
General Information
Standard status
Active
Size
6,069 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$17,540
Building Details
Building Size
6,069 SF
Year Built
2013
Buildings
1
Stories
2
Listing Agency:
Flowers Home Realty
(636) 348-0222
Listed By:
Marletta Flowers · License #2006018112
(314) 614-8707
Source:
Flowershomerealty
Added: Jun 25
Changed: Oct 23
Last Checked: Oct 23 at 3:54PM
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 Flowers Home Realty
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Investment Insights
Based on property information with market context.
This 6,069-square-foot, two-story mixed-use building was constructed in 2013. The ground floor is vacant and configured for restaurant, bar, or social club use. A separate upper-level unit is laid out for professional office use and is currently leased. Assigned spaces are available behind the building, with street parking and public parking across the street.
The property is on Front Street in downtown Washington, with views of the Missouri River. Festivals, trails, and nightlife are walkable. Nearby destinations and routes include the industrial park, Hwy 47 Bridge, Hwy 100 corridor, and the city’s park district and fairgrounds.
The property is on Front Street in downtown Washington, with views of the Missouri River. Festivals, trails, and nightlife are walkable. Nearby destinations and routes include the industrial park, Hwy 47 Bridge, Hwy 100 corridor, and the city’s park district and fairgrounds.
Key Highlights
- 6,069‑square‑foot mixed‑use building completed in 2013
- Vacant ground floor arranged for restaurant, bar, or social club use
- Separate upper‑level professional office unit is leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,932
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,318,640
$1.3M
Cap Rate 7%
$941,886
$941.9K
Cap Rate 9%
$732,578
$732.6K
Market Conditions
NOI Build-Up for 6,069 SF
Gross rent
$91.8K $15.12/SF
− Vacancy
−$3.9K −$0.64/SF
EGI
$87.9K $14.48/SF
− OpEx
−$22.0K −$3.62/SF
NOI
$65.9K $10.86/SF
Area
Franklin County, MO
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,318,640
Cap Rate 7%
$941,886
Cap Rate 9%
$732,578
Alternative Uses
Best Use
Specialty Retail
$941.9K
$824.2K – $1.10M
NOI $65,932 @ 7.0% cap · market cap 3.89%
Second Best
Mixed Use
$858.3K
$751.0K – $1.00M
NOI $60,083 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M
NOI $125,071 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 63090, MO
22,843
Population
9,745
Households
2.3
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
81.5 sq mi
ZIP Area
280
Density / Sq Mi
$83,966
Median Household Income
$46,556
Median Earnings
$873
Median Rent
$260,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor restaurant and bar space sits below a leased office unit.
Where is this mixed-use property located?
The property is located at 516 W Front Street Washington, MO.
What is the asking price?
The asking price for this property is $1,695,500.
What are key features of this property?
This property features: 6,069‑square‑foot mixed‑use building completed in 2013; Vacant ground floor arranged for restaurant, bar, or social club use; Separate upper‑level professional office unit is leased
