1014 Linn St Sikeston, MO 63801-2223
- Retail space
- 9,064 SF
- 1.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 1014 Linn St
- Lot size
- 1.05 lot acres
- Property size
- 9,064 SF
- Property type
- Retail space
- APN
- 18-4.0-20.00-003-002-001.30
- APU
- 1840200000300200130
Description
This exceptional investment opportunity presents a substantial commercial building located at 1014 Linn Street in Sikeston, Missouri. The property sits on a 1.05-acre lot and offers a total of 16,858 square feet of space. The main building, formerly occupied by Feeders Supply, a well-established local business, comprises 9,508 square feet. The seller is open to a 3-5 year lease agreement for this space, presenting a strong potential for immediate rental income. An additional 7,350 square feet is divided into two separate units. One of these units, measuring 2,302 square feet, is currently leased to a church, with one year's rent already paid in advance, providing immediate return on investment. This unit is located at the rear of the property. The property boasts excellent visibility from East Malone Avenue, ensuring high traffic and exposure for any business. The asking price for this substantial commercial property is $750,000. This presents a unique chance to acquire a well-situated, versatile commercial building with existing lease income and significant potential for future growth in a thriving Sikeston location. The sale excludes the business and inventory of the previous tenant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sikeston
- County
- Scott
- State
- Missouri
- Longitude
- -89.5741
- Latitude
- 36.8815
- CBSA code
- 43460
- CBSA name
- SIKESTON, MO MICROPOLITAN STATISTICAL AREA
