22889 State Hwy 64 Hwy Hermitage, MO 65668
This exceptional 5.8-acre (±) commercial property in Hermitage, MO, boasts highway frontage on State Highway 64, near Pomme de Terre Lake. The property includes three main structures: a 4,000 sq ft main building previously used as a retail store with a commercial kitchen (currently operating as a roadside food and ice cream stand without outdoor seating), a 4,800 sq ft secondary building (former arcade and retail space with attached bumper car area), and a 4,800 sq ft area with 10 rentable storage units. An 18-hole concrete mini golf course adds to the property's versatility. Built in 1973, the single-story buildings feature a mix of heating and cooling systems including propane, electric, pellet stove, and mini-splits. The property is served by a septic system. This is a unique opportunity to acquire a multi-use property with existing income streams and significant potential for future development. The asking price is $125,000. A separate online auction for business assets (inventory, equipment, etc.) is also available. The property is located at 22889 State Hwy 64 Highway, Hermitage, MO 65668. Lot size is 252,648 sq ft.
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
Similar Nearby for Sale
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.