Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail space

    616 Oak St, Lathrop, MO 64465-9737

    1,473 SF 0.04 ac lot Built 1903
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US48-2669030
    Property summary
    AI-generated overview

    This exceptional commercial property located at 616 Oak Street in Lathrop, Missouri, presents a unique opportunity for a discerning business owner. Boasting nearly 1600 square feet of versatile space, this building offers a blend of historical charm and modern accessibility. The property features a convenient two-sided handicapped-accessible ramp, providing easy entry for all patrons. A welcoming front canopy adds curb appeal and protection from the elements. Inside, the building showcases beautiful hardwood floors and impressive high ceilings, accented by the original decorative wood ceiling, adding to its character and ambiance. Three large display windows provide excellent natural light and visibility from the street, ideal for showcasing products or services. The property includes a fully functional kitchen and bathroom facilities on the main level. An added bonus is an upper loft area, complete with its own bathroom, offering additional space for storage, office use, or even a private apartment. This adaptable space has a rich history, having previously served as a photography studio, church, and hardware store, demonstrating its versatility and suitability for a wide range of businesses. Its prime downtown location in Lathrop offers excellent visibility and accessibility for customers. This is an exceptional opportunity to establish or relocate your business in a charming and well-situated building. The asking price is $69,900.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1903
    Total area 1,473 SF
    Lot 0.04 ac (1,568 SF)
    APN 10 07.1 25 003 001 010.000
    UPID US48-2669030
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    CARL LOCKE LLC
    CARL LOCKE LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 616 Oak St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message