Mixed-Use Property with
For Sale
$280,000
520 Broadway Street, Cape Girardeau, MO 63701
A remodeled one-bedroom apartment occupies the upper floor above a street-level commercial space with display windows.
Property Size2,900 SF
Price / SF$96.55
Days on Market324
Property Features for 520 Broadway Street
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Commercial
Site & Location
Road Access
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$447
Building Details
Building Size
2,900 SF
Year Built
1920
Buildings
1
Stories
2
Listing Agency:
EDGE Realty ERA Powered
(573) 335-8111
Listed By:
Jacob Fish · License #2010013545
(573) 450-3791
Source:
Flowershomerealty
Added: Dec 4, 2025
Changed: Oct 23
Last Checked: Oct 23 at 1:26PM
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 EDGE Realty ERA Powered
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 520 Broadway Street in Cape Girardeau, this 2,900-square-foot mixed-use property combines a street-level commercial area with an upstairs apartment. The residence has one bedroom, hardwood floors, exposed brick details, and a private entrance. The commercial space is unfinished, with display windows along its Broadway frontage, allowing the interior to be completed for a business or tenant.
Built in 1920, the property offers separate residential and commercial areas within one building.
Built in 1920, the property offers separate residential and commercial areas within one building.
Key Highlights
- 2,900‑square‑foot mixed‑use property
- Remodeled upper‑level apartment with 1 bedroom and a private entrance
- Apartment features hardwood floors and exposed brick accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,010
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,200
$400.2K
Cap Rate 7%
$285,857
$285.9K
Cap Rate 9%
$222,333
$222.3K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$34.8K $12.00/SF
− Vacancy
−$2.8K −$0.96/SF
EGI
$32.0K $11.04/SF
− OpEx
−$12.0K −$4.14/SF
NOI
$20.0K $6.90/SF
Area
Cape Girardeau County, MO
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,200
Cap Rate 7%
$285,857
Cap Rate 9%
$222,333
Alternative Uses
Best Use
Retail
$382.0K
$334.3K – $445.7K
NOI $26,743 @ 7.0% cap · market cap 9.55%
Second Best
Mixed Use
$285.9K
$250.1K – $333.5K
NOI $20,010 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$914.9K
$800.5K – $1.07M
NOI $64,042 @ 7.0% cap · market cap 22.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,106
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Hotels & Casinos 30%
Groceries 17%
Dining 9%
Courtyard Cape Girardeau Downtown
Hotels & Casinos
10,045 visits/mo
0.1 miles
Dollar General
Shops & Services
7,712 visits/mo
0.2 miles
Save-A-Lot
Groceries
5,717 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,033 visits/mo
0.4 miles
SUBWAY
Dining
3,185 visits/mo
0.1 miles
Demographics for 63701, MO
39,246
Population
17,834
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
132.7 sq mi
ZIP Area
296
Density / Sq Mi
$67,904
Median Household Income
$32,655
Median Earnings
$863
Median Rent
$209,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A remodeled one-bedroom apartment occupies the upper floor above a street-level commercial space with display windows.
Where is this mixed-use property located?
The property is located at 520 Broadway Street Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 2,900‑square‑foot mixed‑use property; Remodeled upper‑level apartment with 1 bedroom and a private entrance; Apartment features hardwood floors and exposed brick accents
