29-33 Oak St Union, MO 63084
This exceptional retail property, located at 29-33 S Oak St in Union, Missouri, presents a compelling investment opportunity. Situated on a prominent corner lot (0.11 acres) in the heart of Union's thriving downtown, this 4,800 square foot building enjoys a high-visibility location directly across from the historic Franklin County Courthouse and only two blocks from City Hall. The building's strategic placement within a bustling business district ensures consistent foot traffic and strong brand recognition. Currently, the property is fully leased to quality, long-term tenants, providing immediate and stable cash flow for the new owner. This turnkey investment offers a rare chance to acquire a well-established retail space in a desirable location with proven tenant occupancy. The building's strong location and established tenant base make it an ideal addition to any commercial real estate portfolio. The property's size and location make it suitable for a variety of retail uses, offering flexibility for future growth and potential rent increases. This is a unique opportunity to own a piece of Union's vibrant downtown, offering both immediate return and long-term growth potential. The property's excellent condition and strong tenant history make it a low-risk, high-reward investment. Serious inquiries are encouraged to explore this exceptional opportunity further. The asking price is $247,000.
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
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.