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    Specialty properties

    712 Mount Vernon Blvd, Mount Vernon, MO 65712

    5,200 SF 1.38 ac lot Built 1952
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Specialty properties
    Year built 1952
    Total area 5,200 SF
    Lot 1.38 ac (60,113 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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