408 Main St Gravois Mills, MO 65037-6265
This exceptional 7,032 square foot commercial property boasts prime highway frontage on Highway 5 in Laurie, Missouri, offering unparalleled visibility and exposure to a substantial daily traffic volume of 2,500-4,900 vehicles, according to MODOD. The single-level layout provides ample space for a wide variety of business ventures. Currently operating as a fitness center, the property includes all the existing equipment, which is available for purchase by a new owner wishing to continue the existing business. Adding to the investment potential, a tenant currently occupies a portion of the building, generating a consistent monthly rental income of $480. The property sits on a 0.57-acre lot and offers extensive road frontage on both Highway 5 and a secondary road, providing excellent parking capacity for numerous vehicles. This presents a unique opportunity to establish or relocate a business in a thriving Lake of the Ozarks community. The combination of high traffic counts, versatile space, and existing income streams makes this a compelling investment opportunity. The asking price for this turnkey business opportunity is $799,900.
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Bi-Matt’s Warrior Fitness, Laurie MO Gym & Fitness Center
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
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.