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Property profile & analytics
FOR SALE
Retail space

313 S Ohio Ave Sedalia, MO 65301

3,080 SF 0.05 ac lot Built 1890
Entity Owned Absentee Owner Free & Clear
Property ID
US48-2427057
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1890
Total area 3,080 SF
Lot 0.05 ac (1,980 SF)
APN 15-2.0-04-1-44-008.000
UPID US48-2427057
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
313 SOUTH OHIO LLC
313 SOUTH OHIO LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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