Sikeston Commercial Building Investment
For Sale
$979,500
808 E Wakefield Ave, Sikeston, MO 63801
High-visibility commercial building with income and upside potential.
Property Size11,450 SF
Price / SF$89.05
Days on Market217
Property Features for 808 E Wakefield Ave
General Information
Standard status
Active
Size
11,450 SF
Class
B
Property subtype
Office
Building Details
Building Size
11,450 SF
Year Built
1988
Listed By:
Matt Huber · License #MO #2023031239
(573) 510-3993
Source:
Lorimont
Added: Mar 5
Changed: Oct 1
Last Checked: Oct 7 at 11:05AM
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 Matt Huber
Investment Insights
Based on property information with market context.
This commercial building in a high-visibility Sikeston location, situated just south of the Missouri Delta Medical Center, presents a great investment opportunity. The property features multiple rentable spaces, with 2 of 6 units currently leased, providing existing cash flow and immediate upside potential in the remaining suites. The versatile space is suitable for medical, office, retail, or professional services. While some vacant units require cosmetic updates, the property benefits from a solid structure, excellent location, and strong tenant demand, making it ideal for investors or owner-users seeking to add value. The location combines the advantages of a well-traveled commercial thoroughfare with the character of a growing regional community, offering tenants excellent connectivity, strong surrounding demand drivers, and proximity to key employers and residential neighborhoods throughout Sikeston. The multi-tenant property enjoys excellent visibility and accessibility, with direct access to surrounding medical, professional, and retail traffic. Benefiting from strong daily drive-by exposure, the surrounding area includes established local services, healthcare providers, and a mix of professional offices, making it attractive for medical, office, or service-oriented tenants. Tenants and visitors have easy access to a variety of nearby amenities, including dining destinations, local shops, banks, and cultural attractions. The property offers over 11,000 sq. ft. of total space with multiple individual suites, ample customer parking, and easy ingress/egress.
Key Highlights
- High‑visibility location near Missouri Delta Medical Center with strong daily traffic.
- Existing cash flow from 2 of 6 currently leased units.
- Value‑add opportunity with vacant units needing cosmetic updates.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 63801, MO
22,572
Population
10,013
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
212.7 sq mi
ZIP Area
106
Density / Sq Mi
$55,945
Median Household Income
$34,940
Median Earnings
$826
Median Rent
$149,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - High-visibility commercial building with income and upside potential.
Where is this office building located?
The property is located at 808 E Wakefield Ave Sikeston, MO.
What is the asking price?
The asking price for this property is $979,500.
What are key features of this property?
This property features: High‑visibility location near Missouri Delta Medical Center with strong daily traffic.; Existing cash flow from 2 of 6 currently leased units.; Value‑add opportunity with vacant units needing cosmetic updates.
