Remodeled Mixed-Use Lakeside
2806 State Hwy 176 Rockaway Beach, MO 65740
For Sale
Contact for pricing
Remodeled mixed-use complex with residential, retail, and office spaces.
Property Size14,316 SF
Lot Size0.57 Acres
Price / SF$101.29
Days on Market1032
Property Features for 2806 State Hwy 176
General Information
Standard status
Active
Size
14,316 SF
Lot size
0.57 Acres
Property subtype
Hospitality, Mixed Use, Office, Retail
Listing Agency:
Robert Huels
Listed By:
Stephen Critchfield, CCIM · License #MO 20006016261
Source:
Crexi
Added: Oct 3, 2023
Changed: Jul 10
Last Checked: Jul 28 at 9:21AM
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 Robert Huels
Investment Insights
Based on property information with market context.
Located in Rockaway Beach, Missouri, this mixed-use complex features two remodeled buildings on the same city block. The Lighthouse Building has 4,280 sq ft of residential space, 1,350 sq ft of retail space, a 1,172 sq ft streetside cafe, and 1,746 sq ft of office and storage space, totaling 8,714 sq ft. It includes four residential apartments, with two units for long-term rental and two for nightly rental. The retail space offers water views suitable for events. The office and storage space can serve as a management office. The Benton property has five residential units with room for three more. The entire property has 10 residential units, 19 beds, and 10 baths. Additional features include 8,141 sq ft of warehouse and workshop space, 2,946 sq ft of cafe/retail space, 1,172 sq ft of office/retail space, and 875 sq ft of storage/maintenance space. The property has undergone extensive renovations over the past three years, including replacements of roofs, electrical, plumbing, floors, windows, and doors. New HVAC, appliances, and windows were installed in 2023, and a new roof in 2022. Situated on 0.57 acres, the property offers unobstructed water views. It is located 13 miles from the Branson Strip. Currently, the property generates income from three of the four residential units, with additional commercial rent potential from the retail and office spaces.
Key Highlights
- Lakefront property with unobstructed water views in Rockaway Beach.
- Two remodeled buildings on two parcels with extensive renovations to critical systems.
- Mixed‑use complex featuring 10 residential units, retail, cafe, and office spaces, offering diverse income streams.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $228.5k | $15.96 |
| − Vacancy | −$18.3k | −$1.28 |
| EGI | $210.2k | $14.68 |
| − OpEx | −$94.6k | −$6.61 |
| NOI | $115.6k | $8.08 |
14,316 SF · lease $15.96/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Retail
$2.04M
$1.79M – $2.38M
NOI $142,802 @ 7.0% cap · market cap 9.85%
Second Best
Apartment 5plus
$1.65M
$1.45M – $1.93M
NOI $115,613 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,843 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled mixed-use complex with residential, retail, and office spaces.
Where is this mixed-use property located?
The property is located at 2806 State Hwy 176 Rockaway Beach, MO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Lakefront property with unobstructed water views in Rockaway Beach.; Two remodeled buildings on two parcels with extensive renovations to critical systems.; Mixed‑use complex featuring 10 residential units, retail, cafe, and office spaces, offering diverse income streams.
