902 Grand St, Gallatin, MO 64640-1609
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.