For Sale
$69,900

125 Main St Nevada, MO 64772

Prime Location, Income Producing Property

Overview

Added:
Feb 3
Days on market:
73
This exceptional commercial property at 125 N Main Street, Nevada, Missouri, presents a lucrative investment opportunity. The 0.06-acre lot features a building currently leased for $800 per month, with the lease expiring March 31st, 2023. The tenant holds a five-year renewal option at a monthly rate of $950, commencing April 1st, 2023, should they choose to exercise it. The main floor offers 2200 square feet of versatile space, including a half-bath, and ample storage. An unfinished upper level provides additional potential, although it lacks heating and air conditioning. Note that the seller also owns the adjacent property at 123 N Main Street. A crucial detail for potential buyers is that the HVAC system serving 123 N Main Street is located on this property (at 125 N Main Street, in the rear). To ensure a smooth transition, an easement will be provided to address this shared HVAC system should the two buildings be sold separately. This property is priced competitively at $69,900 and offers significant potential for future income and growth. The strong existing lease provides immediate return on investment, while the flexible upper level allows for expansion or customization to suit a variety of business needs. This is a rare opportunity to acquire a well-located commercial property in a thriving Missouri community.

Property Details for 125 Main St

Property type
Commercial real estate
Year Built
1900
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Nevada
County
Vernon
State
Missouri
Latitude
37.83899
Longitude
-94.35825
125 Main St, Nevada, Missouri

FAQs

What type of property is this?
Commercial real estate - Prime Location, Income Producing Property
Where is the commercial real estate located?
The property is located at 125 Main St Nevada, MO.
What is the asking price?
The asking price for this property is $69,900.
How can I contact the broker?
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125 Main St
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