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    FOR SALE
    Retail space

    127 Main St, Forsyth, MO 65653

    2,341 SF 0.07 ac lot Built 1971
    Individually Owned 7-yr Hold Free & Clear
    Property ID
    US48-1434276
    Property summary
    AI-generated overview

    This exceptional 2,341 square foot retail or office space is ideally situated on Main Street in the thriving town of Forsyth, Missouri. Its prime location places it just one block from US Highway 160, ensuring high visibility and convenient access for customers. The property benefits from its proximity to the Forsyth courthouse, a variety of shops and businesses, and the local library, guaranteeing a steady flow of foot traffic and a strong customer base. The interior boasts an open-concept layout, providing maximum flexibility for a wide range of business uses. This adaptable space allows for creative design and efficient use of the available area, making it perfect for customization to suit individual business needs. A significant advantage is the recently installed, brand new HVAC unit, ensuring comfortable and energy-efficient operation year-round. The 0.07-acre lot provides ample space for potential outdoor seating or signage, further enhancing the property's appeal. This turnkey opportunity presents a rare chance to establish or expand a business in a highly desirable and accessible location within the heart of Forsyth. The asking price of $149,000 makes this an attractive investment for discerning entrepreneurs. Don't miss this chance to secure a thriving business location in a vibrant community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1971
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,341 SF
    Lot 0.07 ac (2,911 SF)
    APN 04-9.0-32-004-017-002.002
    UPID US48-1434276
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hal F Owen · 7 yrs held
    Hal F Owen
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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