313 S Ohio Ave Sedalia, MO 65301
For Sale
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This exceptional mixed-use property in historic downtown Sedalia, Missouri, presents a compelling investment opportunity. The 3,000-square-foot building, situated on a 0.05-acre lot at 313 S Ohio Ave, 65301, offers a blend of retail and multifamily space, perfectly suited for an owner-user. The building features 1,500 square feet per floor, providing ample space for various uses. Recent renovations in 2016 and 2023 ensure the property is in excellent condition. Currently fully leased, it boasts a strong 8.20% capitalization rate with a net operating income (NOI) of $100,000, making it an attractive investment. Its prime location in the heart of downtown Sedalia places it within walking distance of the county courthouse and surrounded by a vibrant mix of restaurants, hotels, and other retail businesses. This property offers a unique combination of income generation and potential for future growth in a thriving downtown area. The asking price is $259,000. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use property in a desirable location.
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.