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    107 Main St Kennett, MO 63857

    Sponsored
    For Sale
    $275,000

    Mixed-use building, high revenue potential.

    Property size:
    5,659 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This unique commercial property located at 107 N Main Street, Kennett, Missouri, 63857, is offered at $275,000. The 5,659 square foot building presents a compelling investment opportunity due to its versatile layout and multiple income streams. The ground floor offers ample space ideal for retail or office use, providing significant potential for lease income. Above, the second floor comprises seven rooms currently configured as apartments, sharing a common kitchen and laundry area. This established rental component contributes to a steady revenue stream. Adding to the property's income-generating potential is a separate apartment building situated at the rear of the main structure. This additional residential unit further enhances the overall return on investment. The property's location in Kennett, Missouri, within Dunklin County, offers convenient access to local amenities and a strong potential customer base. This mixed-use property is a rare find, offering a blend of commercial and residential space with significant upside for a savvy investor. The property is situated on a sizable lot, providing ample space for potential expansion or future development. This is an exceptional opportunity to acquire a multi-faceted property with proven income generation and significant growth potential.

    Property Features for 107 Main St

    General Information

    Property type
    Land
    Square Feet
    5,659 SF

    HighLights

    • $275,000 asking price for 5,659 square foot building at 107 N Main Street, Kennett, MO 63857.
    • Versatile layout with ground floor retail/office space and seven second‑floor apartments generating rental income.
    • Includes a separate rear apartment building, adding to the property's income stream.
    • Located in Kennett, MO, offering convenient access to amenities and a strong customer base.
    • Large lot allows for potential expansion or future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennett
    County
    Dunklin
    State
    Missouri
    Longitude
    -90.0570884
    Latitude
    36.2369915

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    FAQs

    What type of property is this?
    Land - Mixed-use building, high revenue potential.
    Where is this land located?
    The property is located at 107 Main St Kennett, MO.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price for 5,659 square foot building at 107 N Main Street, Kennett, MO 63857.; Versatile layout with ground floor retail/office space and seven second-floor apartments generating rental income.; Includes a separate rear apartment building, adding to the property's income stream.
    Request Owner's contact information
    107 Main St Kennett, MO 63857
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    Kennett, MO 63857
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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
    107 Main St Kennett, MO 63857
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