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Office Building with Hardwood Floors
New
For Sale
$308,800

541 E Cherry Street, Troy, MO 63379

Commercial Sale, Troy, MO

Property SizeContact for details
Lot Size0.22 Acres
Days on Market1

Property Features for 541 E Cherry Street

General Information

Property type Commercial Sale
Property subtype Office
Parking features Parking Lot, Open
Subdivision 458 - Troy R-3
Standard status Active
APN 157026004001003000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2012
Tax Annual Amount 1653

Utilities

Utilities Water Available
Heating system Electric (Heating), Forced Air
Cooling system Central Air, Electric
Water source Public

Amenities

hardwood floors
full bathroom
communication lines

Building Details

Year built 1946
Floors in Building 2
Listing Agency: Black & Associates, LLC
Listed By: Les Ellison · License #1999111439
Added: Sep 8 Last Checked: Sep 8 at 7:06PM
MLS# 26057043

Copyright © 2026 Mid America Regional Information Systems, Inc. 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 office building, constructed in 1946, occupies a 0.22-acre parcel and includes hardwood flooring throughout, a full bathroom, and no kitchen. The property was previously used as a hair salon, with some related infrastructure remaining. An upper level, basement, and rear addition provide additional space for storage or other uses. Heating is provided by electric and forced-air systems, while cooling is handled through central air and electric service.

The building is located at 541 E Cherry Street in Troy, Missouri, on the city’s main business corridor. It sits across from People’s Bank & Trust, Casey’s, and the Post Office, with Lincoln County Farmers Mutual and Paige Law also identified nearby. The property includes open parking in a rear lot, water availability, public water service, and existing communication lines.

Key Highlights

  • 0.22‑acre office property on E Cherry Street in Troy
  • Hardwood flooring throughout the building
  • Upper level, basement, and rear addition provide additional space

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom Catering Service Butcher

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

888
Businesses Nearby

Demographics for 63379, MO

26,583
Population
10,464
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
135.9 sq mi
ZIP Area
196
Density / Sq Mi
$86,844
Median Household Income
$47,088
Median Earnings
$976
Median Rent
$238,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Hardwood flooring, a full bathroom, rear parking, and communication lines are already in place.
Where is this office building located?
The property is located at 541 E Cherry Street Troy, MO.
What is the asking price?
The asking price for this property is $308,800.
What are key features of this property?
This property features: 0.22‑acre office property on E Cherry Street in Troy; Hardwood flooring throughout the building; Upper level, basement, and rear addition provide additional space
More about this property
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