309 Ohio Ave Sedalia, MO 65301-4431
This exceptional three-story commercial building, located at 309 S Ohio in Sedalia, Missouri, presents a remarkable opportunity for investors and entrepreneurs. Priced at $180,000, this C-2 zoned property boasts a prime downtown location, situated near the Bothwell Hotel and the city square, ensuring high visibility and accessibility. The building offers ample space across its three floors, providing versatility for a wide range of commercial uses. The main floor features five generously sized rooms, several showcasing beautiful, historic built-ins, ideal for retail or office space. The second floor provides two additional spaces with extensive storage, along with the building's furnace and ductwork. The upper level mirrors the main floor's spaciousness, offering five large rooms with stunning, high accented historic ceilings and exquisite woodwork. A significant feature is a massive, room-sized safe in the rear, offering substantial additional storage or unique repurposing potential. Rear parking is available for both owners and customers, adding significant convenience. Recent updates by the seller include clearing and preparation for a new business, creating a blank canvas for the next owner. A new awning is currently being installed to enhance the building's curb appeal. This property's rich history, combined with its modern potential, makes it an exceptional investment in the heart of Sedalia. The building's previous uses as a jewelry store and lawyer's office highlight its adaptability and suitability for diverse commercial ventures.
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
Similar Nearby for Lease
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.