Property summary
This exceptional investment opportunity in Gerald, Missouri, presents a combined commercial and residential property ideally situated on Highway 50. The package includes a commercial building constructed in 2005, featuring a retail storefront with a restroom, a spacious back room equipped with a sink, cabinets, and an office area. This versatile space offers significant potential for a variety of businesses. The property also includes a charming 2-bedroom, 1-bathroom house built in 1940, boasting hardwood floors. This residential component is currently leased to a long-term tenant at a monthly rent of $600. The commercial building's previous vacancy prevents the provision of prior rental income data. The asking price for this combined property is $249,000. Display shelving and glass display cabinets shown in photos are available for negotiation. The house fronts 319 W 6th Street and sits directly behind the commercial building. This unique offering presents a compelling investment opportunity with both immediate rental income and substantial potential for future commercial growth. The property's prime Highway 50 location ensures high visibility and accessibility. This is a package deal
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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