395 Cherry St Troy, MO 63379-1405
This exceptional 1,625 square foot commercial building, situated on a 0.22-acre lot at 395 E Cherry St. in Troy, Missouri, presents a remarkable opportunity for business owners. Currently configured as a dental office, the property boasts a flexible layout adaptable to a wide range of professional uses. The interior features a welcoming waiting/reception area, several smaller private offices, and dedicated exam rooms – a configuration ideal for medical practices, but equally suitable for other professional services. The building's prime location in the heart of Troy ensures high visibility and easy accessibility for clients and customers throughout the area, contributing to a strong potential for business success. The asking price for this well-maintained property is $275,000. This represents a significant investment opportunity in a thriving community, offering a solid foundation for growth and profitability. The property's versatile design and central location combine to create an exceptional opportunity for entrepreneurs seeking a well-established space to launch or expand their business. The 0.22-acre lot provides ample space for potential future expansion or outdoor amenities. Don't miss this chance to secure a valuable commercial asset 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
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.