2806 State Highway 176, Rockaway Beach, MO 65740
For Sale
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The Lighthouse, a completely remodeled mixed-use property in Rockaway Beach, MO (65740), presents a compelling value-add investment opportunity. This 8,714 square foot, two-story building sits on a 0.31-acre lot and boasts a diverse range of spaces, including 4,280 square feet of residential space (four apartments, two configured for long-term rentals and two for short-term rentals), 1,350 square feet of retail space with lake views, a 1,172 square foot street-level cafe, and 1,746 square feet of office/storage space. The property benefits from its location in a lakeside community near Branson, MO, a major tourist destination attracting over 10 million visitors annually. This prime location offers a blend of tranquility and proximity to Branson's attractions, restaurants, and entertainment. The building underwent significant renovations in 2023, including new HVAC, appliances, and windows, while the roof was replaced in 2022. Currently, three of the four residential units generate income, with additional revenue potential from the retail and office spaces. The asking price is $1,150,000 ($131.97 per square foot). This property is classified as Class B and offers a unique blend of hospitality, mixed-use, office, and retail opportunities. The building's versatile layout and recent renovations make it an attractive investment for those seeking a profitable venture in a thriving tourist area.
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.