Historic Mixed-Use Property with
For Sale
$925,000
826 S Main Street, Joplin, MO 64801
Commercial Sale, Joplin, MO
Property Size6,750 SF
Lot Size0.06 Acres
Price / SF$137.04
Days on Market184
Property Features for 826 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Rooms
Basement
Directions
From 7th and Main, south on Main to building on West side of street.
Subdivision
03 - Joplin City - SW
Standard status
Active
Size
6,750 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
1419
Utilities
Heating system
Other (Heating)
Cooling system
Wall Unit(s)
Building Details
Year built
1891
Number of units
9
Flooring type
Hardwood
Roof type
Rolled Hot Mop, Rubber
Listing Agency:
GLENN GIBSON COMMERCIAL REAL ESTATE
(417) 825-8213
Listed By:
Luke Gibson · License #2015033987
(417) 359-6868
Added: Apr 7
Changed: Aug 20
Last Checked: Oct 7 at 5:06PM
MLS# 261862
Copyright © 2026 Ozark Gateway Association of Realtors. 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 mixed-use property contains 6,750 square feet within a historic building constructed in 1891. The upper floors include nine market-rate apartments with hardwood flooring, high ceilings, and efficient layouts. A ground-level commercial office area provides additional functional space within the building. The property also includes a basement, wall-unit cooling, other heating, and a roof system consisting of rolled hot mop and rubber materials.
Located on South Main Street in downtown Joplin, the property occupies a 0.06-acre site within the 64801 ZIP code. C-2 zoning supports its mixed-use profile, combining residential occupancy with commercial space in an established downtown setting.
Located on South Main Street in downtown Joplin, the property occupies a 0.06-acre site within the 64801 ZIP code. C-2 zoning supports its mixed-use profile, combining residential occupancy with commercial space in an established downtown setting.
Key Highlights
- Nine market‑rate apartments on the upper floors
- 6,750‑square‑foot mixed‑use building on a 0.06‑acre site
- Ground‑level commercial office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,548
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,960
$1.2M
Cap Rate 7%
$864,971
$865.0K
Cap Rate 9%
$672,756
$672.8K
Market Conditions
NOI Build-Up for 6,750 SF
Gross rent
$105.3K $15.60/SF
− Vacancy
−$8.4K −$1.25/SF
EGI
$96.9K $14.35/SF
− OpEx
−$36.3K −$5.38/SF
NOI
$60.5K $8.97/SF
Area
Jasper County, MO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,960
Cap Rate 7%
$864,971
Cap Rate 9%
$672,756
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,938 @ 7.0% cap · market cap 9.61%
Second Best
Mixed Use
$865.0K
$756.9K – $1.01M
NOI $60,548 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,560 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
1,480
Businesses Nearby
Explore this area
Business Placement
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Remodeled downtown building combines upper-level residential units with flexible ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 826 S Main Street Joplin, MO.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Nine market‑rate apartments on the upper floors; 6,750‑square‑foot mixed‑use building on a 0.06‑acre site; Ground‑level commercial office space
