3100 Independence Sq West Plains, MO 65775

This exceptional Class A office condo, situated at 3100 Independence Square in West Plains, Missouri, presents a compelling investment opportunity. The 12,400 square foot property, built in 2006, features two units within a single-story building on a 0.4-acre lot. Currently 60% occupied, it boasts a strong net operating income (NOI) of $110,606 annually, with an asking price of $1,950,000 ($157.26/sq ft). The property is zoned for commercial use and includes 20 parking spaces. Previously configured as a medical office, the space includes two entrances, six exam rooms, two offices, and a reception area. The layout is adaptable to various business needs, making it suitable for a range of professional uses. The building is constructed of brick and stucco, offering low-maintenance appeal. A condo association manages the grounds. The property benefits from its prime location in Independence Square, a main thoroughfare in West Plains, a growing medical hub serving Howell County (population 40,000+) and surrounding areas. The presence of Ozarks Medical Center (recently expanded by $70 million) and Missouri State University-West Plains (approximately 2,000 students) contributes to a robust local economy and diverse population. The property's current lease with a local hospital provides a stable income stream, with an additional 6,400 square feet available for lease with a separate entrance. West Plains offers a thriving community with a variety of amenities, including a civic center, farmers market, and numerous retail establishments.