Newburg, MO 65401
- Retail properties
- 4,742 SF
- 1.29 lot acres
Current Use by Public Records
- Retail properties
Property Details
- Year built
- 1950
- Lot size
- 1.29 lot acres
- Property size
- 4,742 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 4,742 sq ft storefront, situated on 1.29 acres along Historic Route 66 in Rolla, Missouri (zip code 65401), presents a unique investment opportunity. Built in 1950, the property boasts 548 feet of I-44 frontage between exits 189 and 195, offering unparalleled visibility and accessibility. Previously home to a successful, long-standing business, the building has served as a retail store, memorabilia shop, and showroom for classic and late-model cars. Adding to its income potential, the property includes two one-bedroom apartments located on the lower level. The property also features sturdy billboard poles, ideal for advertising or as a distinctive landmark. The asking price is $254,500, translating to $55.88 per square foot. Given its prime location on a heavily trafficked section of Historic Route 66, this property offers significant potential for a variety of commercial ventures. The expansive lot and existing infrastructure provide a solid foundation for a new business or the continuation of an established one. This is a rare chance to acquire a piece of Route 66 history with significant commercial potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newburg
- County
- Phelps
- State
- Missouri
- Longitude
- -91.6938
- Latitude
- 37.9834
