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    Property profile

    127 E Cherry St Nevada, MO 64772

    FOR SALE
    Retail space
    Property ID
    US48-1999034
    3,156 SF 0.04 ac lot Built 1900
    Individually Owned Absentee Owner Free & Clear
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    127 E Cherry St, Nevada, MO 64772 For Sale 1 / 34
    $250,000 3,156 SF
    127 E Cherry St, Nevada, MO 64772
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    Property summary

    AI-generated overview

    This charming three-story building, originally The Mitchell Hotel, is located at 127 E Cherry Street in Nevada, Missouri (zip code 64772). Built in 1900, this 3,100 square foot retail property sits on a 0.04-acre lot and offers a unique investment opportunity. The main floor has recently operated as a restaurant and bistro, complete with a fully equipped kitchen and commercial hood. Restaurant appliances may be included in the sale, although the business name and operations will not transfer to the new owner. Above the main floor is a two-story, two-bedroom apartment with a balcony, ideal for owner occupancy or as a separate rental unit, generating additional income. Convenient city parking is located directly adjacent to the property. The property's rich history and versatile layout make it suitable for a variety of uses, presenting a compelling opportunity for both business owners and investors. The asking price for this exceptional property is $249,000.

    Property profile

    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Total area 3,156 SF
    Lot 0.04 ac (1,742 SF)
    APN 18-2.0-04-304-000-076.010
    UPID US48-1999034

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • (Bike/Boat/Book/etc) Store
    1 occupant on record

    Location

    127 E Cherry St Nevada, MO 64772
    Nevada metro Census 950400
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation by Request
      7,060 SF
      704 Hickory St
      RETAIL STORES (PERSONAL SERVICES)
      704 Hickory St, Nevada, MO 64772-2549
      View Details
    • Value Estimation by Request
      3,882 SF
      306 Cherry St
      RETAIL STORES (PERSONAL SERVICES)
      306 Cherry St, Nevada, MO 64772-2202
      View Details
    • Value Estimation by Request
      9,620 SF
      210 Osage Blvd
      RETAIL STORES (PERSONAL SERVICES)
      210 Osage Blvd, Nevada, MO 64772-2635
      View Details
    • Value Estimation by Request
      304 SF
      905 Subway Blvd
      RETAIL STORES (PERSONAL SERVICES)
      905 Subway Blvd, Nevada, MO 64772-2708
      View Details
    • Value Estimation by Request
      4,094 SF
      110 Cherry St
      RETAIL STORES (PERSONAL SERVICES)
      110 Cherry St, Nevada, MO 64772-3318
      View Details
    • Value Estimation by Request
      9,200 SF
      103 Main St
      RETAIL STORES (PERSONAL SERVICES)
      103 Main St, Nevada, MO 64772-2330
      View Details

    Similar Nearby for Sale

    • $49,900
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    • New
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    • New
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    • $90,000
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    • $46,000
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      Exposed Brick Storefront Building
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    • Contact for pricing
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    Similar Nearby for Lease

    • Contact for pricing
      Retail Outparcel in Nevada, Missouri
      Retail space available as a Walmart outparcel.
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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