304 2nd St Stover, MO 65078-0988
This 743-square-foot commercial office building, located at 304 W 2nd Street in Stover, Missouri, presents a unique investment opportunity. Situated on a 0.4-acre lot, the property boasts a rich history, having served as a successful barber shop for over 50 years. The existing barber shop equipment remains in place, offering a turnkey solution for a similar business. However, the versatile space lends itself to a wide array of commercial uses, including boutiques, jewelry stores, computer shops, coffee shops, or bistros. The building's long-standing success as a thriving business demonstrates its strong potential for continued profitability. Its established location in Stover offers excellent visibility and accessibility. The asking price is $45,000. This presents a rare chance to acquire a well-established commercial property with significant upside potential in a desirable location. The property is ready for immediate occupancy and offers a solid foundation for a new business venture or relocation. Don't miss this opportunity to own a piece of Stover's commercial history.
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.