355 Main StIronton, MO 63650

Property Details for 355 Main St

Year built

1960

Lot size

1.33 AC

Property size (Sq ft)

2,021 SF

Property type

Gas stations

APN

9223372036854775807

APU

9223372036854775807

Description

This exceptional commercial property at 355 S South Main Street, Ironton, Missouri, presents a unique investment opportunity. Currently operating as a well-established automotive repair business, this turnkey operation boasts a substantial and loyal client base. The sale includes all necessary equipment, tools, and lifts, ensuring a seamless transition for the new owner. A significant asset is the included front-end alignment equipment, originally valued at $50,000. The building itself offers ample space, measuring 2021 square feet, providing ample room for operations and potential expansion. Its strategic location in a high-traffic area of downtown Ironton ensures excellent visibility and accessibility. The property's versatility extends beyond its current use

• CAP approach

  CAP return

  Valuation

  6%

  $679,078

  6.5%

  $626,841

  7%

  $582,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,044

  Geo Method

  $397,044

• Alternative Use

  Use

  Valuation

  Residential

  $528,764

  Hospitality

  $484,345

  Educational

  $402,969

  Medical

  $416,828

  Retail

  $626,841

Location Insight

City

Ironton

County

Iron

State

Missouri

Latitude

37.5957

Longitude

-90.627

Property Tax & Assessments

FAQs

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