For Sale
$900,000

1232 Old Lake Lafayette, MO 64076

23,000 SF Mixed-Use Property, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional 23,000-square-foot commercial property in Odessa, Missouri, presents a compelling value-add investment opportunity. Located at 1232 Old U.S. 40, this single-story, 1995-built building sits on a 5-7 acre lot and offers significant potential for redevelopment or lease-up. Currently vacant, the property boasts a flexible layout suitable for various uses, including retail, office, industrial, or self-storage, as indicated by its mixed-use classification. The building features a 16-foot ceiling height and ample parking with 10 spaces per unit across its five units. Its strategic location provides direct access to I-70, enhancing visibility and accessibility. Priced at $900,000, or $39.13 per square foot, this property represents a strong return on investment for a savvy buyer. The property is classified as Class C and offers 100% ownership. There are no loading docks or dock-high doors. The absence of existing tenants allows for complete customization to suit a wide range of business needs. This is a rare opportunity to acquire a substantial commercial property in a growing Missouri market. The property is zoned for convenience store, grocery store, and shopping center uses.

Property Details for 1232 Old

Property type
Lifestyle centers, Power centers
Square Feet
23,000 SF
Class
C
Year Built
1995
Buildings
1
Stories
1
Lot Size (sq. ft)
217,800 SF
Units
5

Location Insight

City
Lake Lafayette
County
Lafayette
State
Missouri
Latitude
38.9628463
Longitude
-93.9470396
1232 Old, Lake Lafayette, Missouri

FAQs

What type of property is this?
Lifestyle center - 23,000 SF Mixed-Use Property, Vacant
Where is the lifestyle center located?
The property is located at 1232 Old Lake Lafayette, MO.
What is the asking price?
The asking price for this property is $900,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1232 Old
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