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    FOR SALE
    Commercial real estate

    470 Commercial St, Aldrich, MO 65601

    600 SF 0.47 ac lot
    Property ID
    US48-2909313
    Property summary
    AI-generated overview

    This exceptional investment property in Aldrich, Missouri presents a unique opportunity to acquire a 600 square foot commercial building situated on a 0.47-acre corner lot. The property boasts prime highway frontage along Highway 123, ensuring high visibility and accessibility. Currently, the building houses the local Post Office, operating under a five-year lease agreement with a monthly rental income of $291.66. This lease includes the cost of electricity, landscaping, lawn mowing, and snow removal, minimizing ongoing maintenance responsibilities for the owner. The property is serviced by a private well, eliminating reliance on municipal water services. Located within the Lakeview subdivision, this 600 square foot block building represents a rare find in the Aldrich market. The asking price for this turn-key investment is $80,000. The property's strategic location and existing lease agreement make it an attractive proposition for investors seeking a stable income stream and potential for future appreciation. Access is easily achieved via Highway 123 from Fair Play or Highway T from Bolivar. A property sign is visible from the road. This is a truly exceptional opportunity to own a piece of Aldrich's commercial landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 600 SF
    Lot 0.47 ac (20,473 SF)
    UPID US48-2909313
    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
    Current use
    Occupant on record · Public records
    • United States Postal Service Post Office Logistics Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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