Property summary
This exceptional mixed-use property, located at 712 E Mt Vernon Blvd, Mount Vernon, MO 65712, presents a lucrative investment opportunity. Situated on a spacious 1.38-acre lot, this property boasts 5,200 square feet of versatile space, currently configured as a bar, convenience store, and restaurant. The asking price is $750,000, translating to $144.23 per square foot. Built in 1952, the property comprises two buildings, offering ample room for expansion or diversification. Its prime location just off I-44 ensures high visibility and significant foot traffic, benefiting from both local and interstate travelers. The existing setup includes several coolers and a "beer cave," ideal for continuing operations in the beverage retail sector or adapting to a new business model. The property's size and location provide a solid foundation for a variety of commercial ventures. The sale includes existing inventory. This is a rare chance to acquire a well-established commercial property with significant growth potential in a thriving Missouri community. The property is zoned for mixed-use, allowing for flexibility in future development and business operations. Don't miss this chance to capitalize on this prime commercial real estate opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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