206 Mo - 21 Caledonia, MO 63631
This exceptional commercial property in the charming Village of Caledonia, Missouri presents a unique investment opportunity. Situated on a two-acre lot with over 100 feet of Highway 21 frontage, this property boasts significant visibility and accessibility. The main building, formerly a restaurant, measures 40 feet by 80 feet and features clear span trusses, offering remarkable versatility for a wide range of commercial uses. The adaptable space allows for customization to suit various business needs. In addition to the main building, the property includes six residential rental units: four two-bedroom units and two one-bedroom units, providing a substantial supplemental income stream. Caledonia's growing popularity as a tourist destination, with its historic charm, nearby attractions, craft fairs, festivals, and recreational opportunities, ensures a strong potential for both commercial and residential occupancy. This property offers a rare blend of commercial and residential income potential in a highly desirable location. The combination of the spacious commercial building and the income-generating rental units makes this a truly unique and lucrative investment opportunity. Don't miss this chance to own a piece of Caledonia's vibrant future. The property's prime location and versatile design make it an ideal investment for both seasoned investors and those seeking a unique commercial venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.