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Storefront Commercial Building

611 N Walnut, Steele, MO 63877

For Sale
$199,000

Substantial commercial space suited to retail operations, leasing, or expansion plans.

Property Size17,000 SF
Price / SF$11.71
Days on Market49

Property Features for 611 N Walnut

General Information

Standard status Active
Size 17,000 SF
Property subtype Land

Building Details

Year Built 1953
Listing Agency: Compass Group Real Estate
Listed By: Amber Wood
Source: Midsouthar
Added: Sep 22 Changed: Nov 8 Last Checked: Nov 8 at 5:49AM

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 Compass Group Real Estate

Rey
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Investment Insights

Based on property information with market context.

This storefront property at 611 N Walnut in Steele, Missouri, contains 17,000 square feet of commercial building space. Constructed in 1953, the property offers a substantial footprint for retail use, business expansion, leasing, or a newly established commercial concept.

The building is positioned within Steele and is presented as a flexible commercial asset for an owner-user or investor seeking space that can support multiple business directions. Its storefront classification and large interior area provide the primary physical characteristics for evaluating the property.

Key Highlights

  • 17,000 square feet of commercial building space
  • Storefront property in Steele, MO
  • Constructed in 1953

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Parts Store Electrical Service Computer & Electronic Repair

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

161
Businesses Nearby
Balanced
Demand for This Use

Demographics for 63877, MO

3,335
Population
1,573
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
88%
High-School Grad
148.1 sq mi
ZIP Area
23
Density / Sq Mi
$45,483
Median Household Income
$40,025
Median Earnings
$674
Median Rent
$151,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Steele-Cooter Flower Gift & Boutique — 312 N Walnut St, Steele, MO 63877

Frequently Asked Questions

What type of property is this?
Storefront property - Substantial commercial space suited to retail operations, leasing, or expansion plans.
Where is this storefront property located?
The property is located at 611 N Walnut Steele, MO.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 17,000 square feet of commercial building space; Storefront property in Steele, MO; Constructed in 1953
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