Current Use by Public Records
- Retail properties & Spaces
Property Details for 4634 Mo-185
- Lot size
- 0.94 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a thriving 8,558 square foot convenience store and state-of-the-art meat processing facility in New Haven, Missouri. Located on a 0.94-acre lot at 4634 MO-185, this single-story building boasts 100% occupancy and a strong NOI of $25,827, yielding a 5.18% cap rate. The asking price is $499,000, translating to $58.31 per square foot. The property features a single tenant with a lease commencing January 1st, 2023. Situated in Franklin County, near Clover Bottom, this established business enjoys a loyal local clientele. The property's commercial zoning allows for continued operation and potential expansion. This turnkey operation offers a unique blend of retail and meat processing, providing a stable income stream and significant growth potential. The property's APN is 11-9-320-0-008-038100. This is a rare chance to acquire a well-established, profitable business in a desirable location. Don't miss this opportunity to own a piece of Americana.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- Franklin
- State
- Missouri
- Longitude
- -91.1738
- Latitude
- 38.5122
