Property Details for 1501 Us-169 Hwy

Lot size

3.05 lot acres

Property type

Warehouses

Property subtype

Retail properties & Spaces

Description

This exceptional Smithville, Missouri property offers a unique blend of retail and warehouse space, totaling over 62,000 square feet. Located at 1501 US-169 Highway, this single-story building sits on a 3.05-acre lot, boasting excellent visibility and high traffic flow due to its prime location on US-169, just 3.7 miles from I-435E and 0.4 miles from the intersection of US-169 and MO-92. The warehouse component features 31,000+ square feet with five dock-high doors, two drive-in doors, and ceiling heights ranging from 13 to 17 feet, providing ample space for storage and distribution. The adjacent 31,000+ square foot retail showroom is currently open and spacious, but is easily divisible into units as small as 7,870 square feet to accommodate various lease tenants. A new roof was installed approximately five years ago, ensuring long-term structural integrity. The asking price is $2,950,000. Should a lease tenant be secured at a rate of $8.50 per square foot per year (NNN), the owner is prepared to undertake significant facade improvements, as illustrated in the provided sketches. This property presents a compelling investment opportunity with significant potential for growth and return. The property is located in Clay County, Missouri, zip code 64089.

Location Insight

City

Smithville

County

Clay

State

Missouri

Longitude

-94.5826

Latitude

39.3633