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Mixed-Use Property with Four Buildings
For Sale
$399,000

9637 Old State Route 21, Hillsboro, MO 63050

Public water and individually metered electric service serve the property's multiple structures.

Property Size6,090 SF
Lot Size6.00 Acres
Price / SF$65.52
Days on Market250

Property Features for 9637 Old State Route 21

General Information

Standard status Active
Size 6,090 SF
Lot size 6.00 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,302

Building Details

Building Size 6,090 SF
Year Built 1974
Buildings 4
Stories 1
Listing Agency: Berkshire Hathaway HomeServices Select Properties
Listed By: Rodney Wallner · License #2009035711
Source: Finehomesbydawn
Added: Feb 16 Changed: Oct 23 Last Checked: Oct 23 at 1:12PM

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 Berkshire Hathaway HomeServices Select Properties

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Investment Insights

Based on property information with market context.

Set on 6 acres, this mixed-use property includes four buildings. Its prior configuration combined a restaurant, four hotel rooms, a three-bedroom residence, and a substantial outbuilding. Improvements were completed in 2018, and equipment remains on site.

The property has public water and separate electric meters, providing distinct utility service across the site. It is located on Old State Route 21 in Hillsboro, Missouri.

Key Highlights

  • Four buildings on 6 acres
  • Former layout included a restaurant, four hotel rooms, a three‑bedroom residence, and an outbuilding
  • Upgrades completed in 2018; some equipment remains in good condition

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 63050, MO

16,874
Population
7,089
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
91.9 sq mi
ZIP Area
184
Density / Sq Mi
$79,462
Median Household Income
$44,805
Median Earnings
$1,000
Median Rent
$255,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Public water and individually metered electric service serve the property's multiple structures.
Where is this mixed-use property located?
The property is located at 9637 Old State Route 21 Hillsboro, MO.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four buildings on 6 acres; Former layout included a restaurant, four hotel rooms, a three‑bedroom residence, and an outbuilding; Upgrades completed in 2018; some equipment remains in good condition
More about this property
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