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    226 Walnut St Archie, MO 64725

    For Sale
    $175,000

    Historic Charm, Rental Income Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This charming 1930 two-story office building, located at 226 W Walnut Street in Archie, Missouri, presents a unique investment opportunity. The property sits on an expansive 11,781 square foot lot and features recently installed windows and a new roof, significantly reducing future maintenance costs. Currently configured with a successful rental space on the lower level and a cozy apartment on the upper level, this property offers immediate income generation. The building's solid foundation and recent upgrades provide a strong base for future development. The existing layout presents the potential for conversion into three separate studio apartments, maximizing rental income and return on investment. This versatile property is ideal for an investor seeking a blend of historic charm and modern functionality in a thriving Missouri community. The asking price is $175,000. The property's location in Archie, Cass County, Missouri (zip code 64725) offers easy access to local amenities and transportation. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential. Don't miss this chance to own a piece of Archie's history.

    Property Features for 226 Walnut St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1930
    Stories
    2

    HighLights

    • Asking price: $175,000
    • Property type: Two‑story office building, built in 1930, with executive office and other space.
    • Lot size: 11,781 square feet.
    • Location: 226 W Walnut Street, Archie, MO 64725.
    • Features: New roof and windows; potential for conversion to three studio apartments; currently includes a rental space and an apartment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Archie
    County
    Cass
    State
    Missouri
    Longitude
    -94.354269
    Latitude
    38.481972

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Charm, Rental Income Potential
    Where is this office property / space located?
    The property is located at 226 Walnut St Archie, MO.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Asking price: $175,000; Property type: Two-story office building, built in 1930, with executive office and other space.; Lot size: 11,781 square feet.
    Request Owner's contact information
    226 Walnut St Archie, MO 64725
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    Archie, MO 64725
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    226 Walnut St Archie, MO 64725
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