For Sale
$7,000,000

306 Chestnut St Strafford, MO 65757

Prime I-44 location, multi-tenant retail, hotel, event space.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity encompasses a thriving commercial portfolio situated on a prominent 4.66-acre lot along I-44 in Strafford, Missouri. The property consists of three distinct components: a 10,615 square foot, Class A retail center built in 2017, featuring a fully leased 4,415 square foot restaurant and four additional 1,550 square foot retail/office suites available for lease at $16.00 per square foot (NNN). The retail center boasts over 415 feet of interstate frontage and 66 parking spaces, and was designed by Buxton Kubik Dodd Creative Architects & Interior Design. Additionally, the portfolio includes a 16,470 square foot hotel built in 1994, featuring guest laundry facilities and over 386 feet of I-44 frontage, along with 43 parking spaces. Finally, a 6,000 square foot event center completes the offering, providing an open floor plan with a stage, ample storage, a kitchenette, and four restrooms. The event center's lease rate is $15.00 per square foot (Modified Gross). The entire portfolio, totaling 33,085 square feet, is offered for sale at $7,000,000 and includes a total of 109 parking spaces. This strategically located property presents a unique opportunity to acquire a diverse and established commercial complex with significant income potential. The property's prime location and diverse offerings make it an attractive investment for discerning buyers. The zip code is 65757, and the property is located in Greene County.

Highlights

  • 306 E Chestnut St, Strafford, MO 65757: 10,615 SF, 5-tenant retail center built in 2017, situated on 2.32 acres.
  • 4,415 SF fully leased restaurant.
  • Four 1,550 SF retail/office suites available for lease at $16.00/SF (NNN).
  • Class A retail center with over 415 feet of I-44 frontage and 66 parking spaces.
  • Designed by Buxton Kubik Dodd Creative Architects & Interior Design.
  • 315 E Chestnut St, Strafford, MO 65757: 16,470 SF hotel built in 1994, featuring guest laundry facilities.

Property Details for 306 Chestnut St

Property type
Wedding venues, Retail properties
Square Feet
33,085 SF
Class
A
Lot Size (sq. ft)
202,990 SF

Location Insight

City
Strafford
County
Greene
State
Missouri
Latitude
37.2712995
Longitude
-93.1112675
306 Chestnut St, Strafford, Missouri

FAQs

What type of property is this?
Wedding venue - Prime I-44 location, multi-tenant retail, hotel, event space.
Where is the wedding venue located?
The property is located at 306 Chestnut St Strafford, MO.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 306 E Chestnut St, Strafford, MO 65757: 10,615 SF, 5-tenant retail center built in 2017, situated on 2.32 acres.; 4,415 SF fully leased restaurant.; Four 1,550 SF retail/office suites available for lease at $16.00/SF (NNN).
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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306 Chestnut St
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