711 Patterson Ave Joplin, MO 64801-1889
This exceptional opportunity presents a 12,378-square-foot warehouse in Joplin, Missouri, ideally situated on a 1.19-acre lot (9 lots total) within city limits and zoned C-3. The property, built in 1950, boasts a single-story building with a 16-foot ceiling height, seven parking spaces, and five overhead garage doors accommodating semi-trucks. The warehouse space encompasses 10,006 square feet, complemented by 2,372 square feet of retail/reception area. Internal features include two large storage rooms, two bathrooms, and three private offices. Heating is provided by a clean-burn heater for the warehouse, supplemented by two backup suspended ceiling heaters, and a central heating/air conditioning system in the retail/reception area. The property includes substantial automotive repair equipment, such as a four-post alignment lift with rolling jacks, a Hunter 511 alignment machine, a two-post alignment lift, a five-ton press, and a Norco telescoping transmission jack. A complete equipment list is available upon request. This turnkey operation offers significant potential for continued success. The asking price for the building and business is $1,150,000. Additional options exist for purchasing the building and lot separately, or including the towing business for a total price of $1,400,000. The property is located at 711 S Patterson Ave, Joplin, MO 64801.
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Nixon's Garage Auto Repair Shop
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
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Property description
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Risks
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