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    OFF-MARKET
    Retail space

    902 Grand St, Gallatin, MO 64640-1609

    920 SF 0.4 ac lot Built 1946
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US48-2564235
    Property summary
    AI-generated overview

    This exceptional 1-story executive office building, situated on a 0.39-acre lot at 902 W Grand Street in Gallatin, Missouri, presents a fantastic investment opportunity. Built in 1960, this property boasts a recent comprehensive renovation, including a new HVAC system, roof, interior doors, fresh paint, updated flooring, and modern windows. The building's excellent condition ensures immediate occupancy and minimal upfront maintenance costs. Its location in a high-traffic area of Gallatin (zip code 64640) provides exceptional visibility and accessibility for any business. The versatile layout is ideal for a variety of office uses, and its adaptable design allows for easy conversion to suit diverse business needs, potentially including retail applications. The asking price is $59,000. This is a rare chance to acquire a move-in ready commercial property in a desirable location. The property was previously listed but is back on the market due to circumstances unrelated to the property itself. Don't miss this chance to own your own business space.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1946
    Total area 920 SF
    Lot 0.4 ac (17,424 SF)
    APN 15-4.2-19-1-02-01
    UPID US48-2564235
    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
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Pier 54, LLC · 14 yrs held
    Pier 54, LLC
    since 2011
    1 recorded transaction
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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