115 S Main St Licking, MO 65542
For Sale
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This exceptional 2,550-square-foot commercial building presents a prime investment opportunity in the vibrant heart of Licking, Missouri. Situated on a 0.13-acre lot, this property boasts a highly desirable downtown location, ensuring excellent visibility and accessibility for any business. Currently occupied by a tenant, this asset offers immediate income generation, making it an attractive proposition for investors seeking a stable return. The versatile space is suitable for a wide range of commercial uses, from retail establishments to professional offices, providing flexibility for future tenants or owners. The building's size allows for ample room to accommodate various business needs, while its central location within Licking's bustling downtown district ensures high foot traffic and strong brand visibility. This is a rare opportunity to acquire a well-located, income-generating commercial property in a thriving Missouri town. The existing tenant provides a stable income stream, minimizing vacancy risk and maximizing return on investment. Don't miss this chance to secure a valuable asset in a dynamic and growing market. The asking price is $140,000.
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Licking News Publishing House Newspaper & Magazine
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Kissiar Sunflower Patch Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.