15-17 Oak St Union, MO 63084
This exceptional 9,600 square foot office building presents a rare opportunity for investors seeking a stable, high-return property in the heart of Union, Missouri. Situated on a 0.11-acre lot in the thriving downtown area, this well-maintained building enjoys a highly visible location directly across from the historic Franklin County Courthouse and just two blocks from City Hall. Its central position within a bustling business district ensures consistent high traffic and excellent visibility. The building is currently occupied by quality, long-term tenants, providing a reliable income stream and minimizing vacancy risks. This represents a turnkey investment opportunity with significant potential for future appreciation. The property's prime location and strong tenant base make it an ideal acquisition for both seasoned investors and those new to commercial real estate. The building's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. This is a chance to secure a valuable asset in a growing Missouri community. The property's size and location make it suitable for a variety of uses, offering flexibility for future growth and adaptation to changing market demands. Don't miss this chance to own a piece of Union's vibrant downtown.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.