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Sikeston Commercial Building Investment Opportunity
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 Market168

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
Listing Agency:
Listed By: Matt Huber · License #MO #2023031239
Source: Lorimont
Added: Mar 5 Changed: Aug 20 Last Checked: Aug 20 at 5:15AM

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

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Building Supply Grocery & Convenience Store

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

701
Businesses Nearby

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

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 - 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.
More about this property
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