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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

531 Main St Concordia, MO 64020-2502

3,003 SF 0.09 ac lot Built 1925
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US48-1769493
Property summary
AI-generated overview

This exceptional storefront property at 531 S Main Street, Concordia, MO 64020, presents a unique investment opportunity. Built in 1925, this single-story building boasts a spacious 4,010 square foot lot and offers an inviting retail space ideal for a variety of businesses. The asking price is $69,900. The property benefits from a highly visible location on Main Street (MO-23) in Concordia's downtown area, ensuring excellent exposure to potential customers. A significant renovation was completed several years ago, resulting in an exceptionally nice interior. A key feature is the all-glass storefront, providing ample natural light and showcasing the business within. The absence of steps ensures easy accessibility for all patrons. This meticulously maintained building represents a rare chance to acquire a well-established retail space in a thriving downtown location. The property's attractive features and prime location make it an excellent investment for discerning buyers seeking a turn-key operation or a solid foundation for future growth. The property is classified as Retail, with a subtype of Storefront and Other.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1925
Total area 3,003 SF
Lot 0.09 ac (4,012 SF)
APN 19-2.0-04-2-001-022.000
UPID US48-1769493
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Corcordia Bank · 1 yrs held
Corcordia Bank
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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