Property profile

127 Main St Forsyth, MO 65653

FOR SALE
Retail space
Property ID
US48-1434276
2,341 SF 0.07 ac lot Built 1971
Individually Owned 8-yr Hold Free & Clear
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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

Location

127 Main St Forsyth, MO 65653
Forsyth metro Census 480403 BRANSON, MO MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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