106 Main St Grain Valley, MO 64029
This exceptional investment opportunity in Grain Valley, MO, presents a versatile 27,753 sq ft property at 106 NW Main Street, listed at $285,000. The property boasts a prime Main Street location, ensuring high visibility and attracting potential tenants. The 1-story, 1963-built building includes a three-bedroom, two-bathroom home with a full basement, suitable for various uses such as an office, boutique, or daycare. Two additional detached brick business suites, each with a private entrance, half bath, and HVAC, offer further flexibility. One suite previously housed a barbershop, retaining water hookups. The second suite is currently used as a recreational space. The sale encompasses two parcels: a .403-acre commercially zoned C2 lot (front) and a .23-acre residentially zoned lot (rear). This unique combination provides options for owner-operators or commercial rental investors. Nearby new developments, including retail and a fully leased apartment complex, suggest increasing property values. Buyers are responsible for verifying all measurements and tax information. This property offers significant potential for long-term growth and rental income.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.