400 N Maple Ave Mountain Grove, MO 65711
This 1893 three-story building, located at 400 N Maple Ave in Mountain Grove, Missouri (zip code 65711, APN 21-2.0-09-2-005-005.00), offers 18,832 square feet of space on a 9,750 square foot lot. Currently zoned R3, it's ideal for multifamily use. The property features a full basement and boasts a rich history as a prominent landmark in the town's center. A structural engineer's report confirms the building's integrity, making it a prime candidate for renovation. The building's mixed-use nature, encompassing apartment building, storefront, and traditional office subtypes, presents a versatile investment opportunity. This value-add property is priced at $355,000 and presents a unique chance to revitalize a historic structure in a thriving Missouri community. The building's solid foundation and central location make it an attractive prospect for developers seeking a substantial renovation project with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.