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Property profile & analytics
FOR SALE
Retail space

617 S Main St Joplin, MO 64801

27,250 SF 0.21 ac lot Built 1910
Entity Owned 3-yr Hold Free & Clear
Property ID
US48-1367501
Property summary
AI-generated overview

This remarkable mixed-use property, the Pearl Brothers Building, presents a unique investment opportunity in the heart of Joplin, Missouri. Located at 617 S Main St, this historically significant landmark boasts 27,250 square feet across two buildings, offering a blend of retail and office space. The main three-story building, constructed in 1910, and a secondary two-story building, sit on a 0.21-acre lot. The property features a prominent Main Street frontage, ensuring high visibility and foot traffic. Recent renovations have restored the original brick facade and storefront windows, enhancing its aesthetic appeal. The building includes a dock-high door and freight elevator, facilitating efficient logistics. Ample public and street parking is available. The vacant space presents a blank canvas for diverse commercial ventures, with potential for retail on the ground floor and office or residential use above. The property's historical significance may offer tax credit opportunities. The asking price is $850,000 ($31.19/sq ft). Further details regarding tax credits are available upon request. This is a chance to own a piece of Joplin's rich history and vibrant downtown.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 27,250 SF
Lot 0.21 ac (8,973 SF)
APN 19-2.0-3-40-55-5.0
UPID US48-1367501
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
by Request
Comparable Approach Comparable
$588k
Blend (final) Blend
$540k
Owner & transaction history
Ivy Lucille LLC · 3 yrs held
Ivy Lucille LLC
since 2023
Last sale
$500,000
2 recorded transactions
2025
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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