For Sale
$145,000

429 Walnut St Nevada, MO 64772

Solid Brick Office Building, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 1-story, 5,000 sq ft brick office building situated on a 26,136 sq ft lot at 429 E Walnut Street, Nevada, MO 64772. Constructed in 1973 with superior building techniques, this property boasts multiple HVAC systems, ample electrical capacity, common area bathrooms, and a reception area. The building's layout allows for potential subdivision into three separate units, each with independent metering. Currently, a month-to-month tenant occupies approximately 1,000 sq ft and desires to remain. The interior requires renovation, presenting a chance for value enhancement. This probate sale requires judicial approval, with a minimum 10-day contract review period. The asking price of $145,000 represents a significant value proposition, considering the cost of comparable new construction. This property offers a compelling opportunity for long-term ownership or a potential flip for savvy investors. Bring all offers! The property was previously occupied by the Department of Transportation.

Highlights

  • Asking price: $145,000
  • 1-story, 5,000 SF office building on a 26,136 SF lot, built in 1973 in Nevada, MO
  • Suitable for medical or executive office use; currently partially occupied by a month-to-month tenant (1,000 SF)
  • Features multiple HVAC systems, ample electrical capacity, and common area bathrooms; potential for three separate units
  • Needs interior renovation; probate sale requiring judge approval.

Property Details for 429 Walnut St

Property type
Office properties, Medical offices
Year Built
1973
Stories
1

Location Insight

City
Nevada
County
Vernon
State
Missouri
Latitude
37.8392995
Longitude
-94.3518164

FAQs

What type of property is this?
Office property - Solid Brick Office Building, High Potential
Where is the office property located?
The property is located at 429 Walnut St Nevada, MO.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Asking price: $145,000; 1-story, 5,000 SF office building on a 26,136 SF lot, built in 1973 in Nevada, MO; Suitable for medical or executive office use; currently partially occupied by a month-to-month tenant (1,000 SF)
How can I contact the broker?
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429 Walnut St
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