107 Main St Kennett, MO 63857
This unique commercial property located at 107 N Main Street, Kennett, Missouri, 63857, is offered at $275,000. The 5,659 square foot building presents a compelling investment opportunity due to its versatile layout and multiple income streams. The ground floor offers ample space ideal for retail or office use, providing significant potential for lease income. Above, the second floor comprises seven rooms currently configured as apartments, sharing a common kitchen and laundry area. This established rental component contributes to a steady revenue stream. Adding to the property's income-generating potential is a separate apartment building situated at the rear of the main structure. This additional residential unit further enhances the overall return on investment. The property's location in Kennett, Missouri, within Dunklin County, offers convenient access to local amenities and a strong potential customer base. This mixed-use property is a rare find, offering a blend of commercial and residential space with significant upside for a savvy investor. The property is situated on a sizable lot, providing ample space for potential expansion or future development. This is an exceptional opportunity to acquire a multi-faceted property with proven income generation and significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.