1117 Cherokee AveSeneca, MO 64865

Property Details for 1117 Cherokee Ave

Year built

1918

Lot size

0.09 AC

Property size (Sq ft)

3,228 SF

Property type

Office properties

Property subtype

Office buildings

APN

18-7.0-35-004-016-011.000

APU

187035004016011000

Description

This 67,500 USD commercial property at 1117 Cherokee Avenue, Seneca, Missouri, presents a unique investment or business opportunity. Situated on a 0.09-acre lot in the heart of downtown Seneca, this building enjoys a high-visibility location on Cherokee Avenue (Main Street), close to Lost Creek and local murals. Currently configured as a martial arts studio/gym, the space is adaptable to a variety of uses. Large storefront windows provide excellent natural light and prominent street presence, ideal for retail or office space. The interior layout is easily convertible into multiple office spaces, featuring a convenient kitchen and rear storage area. This building offers a significant advantage: unlike many Main Street businesses, it has never experienced interior flooding, making it a particularly attractive and secure investment. The property's versatile design and prime location make it an exceptional opportunity for entrepreneurs and investors seeking a thriving business environment in the scenic town of Seneca. The square footage is not specified in the provided information. This property is ready for immediate occupancy and offers a chance to establish a successful business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $281,391

  6.5%

  $259,745

  7%

  $241,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $230,899

  Geo Method

  $230,899

• Alternative Use

  Use

  Valuation

  Residential

  $322,084

  Hospitality

  $295,027

  Educational

  $245,459

  Medical

  $253,901

  Retail

  $381,826

Location Insight

City

Seneca

County

Newton

State

Missouri

Latitude

36.841

Longitude

-94.6108

CBSA code

27900

CBSA name

JOPLIN, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.