Property profile

712 Mount Vernon Blvd Mount Vernon, MO 65712

OFF-MARKET
Specialty properties
5,200 SF 1.38 ac lot Built 1952
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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

Location

712 Mount Vernon Blvd Mount Vernon, MO 65712
Mount Vernon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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