202 Orange StButler, MO 64730

Property Details for 202 Orange St

Year built

1950

Construction

CONCRETE

Property size (Sq ft)

1,624 SF

Property type

Office properties

APN

13-05.0-22-020-002-010.010

APU

1305022020002010010

Description

This exceptional investment opportunity presents a fully renovated 2,824 square foot convenience store and liquor store in Butler, Missouri. Located on a 0.24-acre lot with ample parking (20+ spaces) and an outdoor storage shed, the property boasts a 100% occupancy rate since July 1, 2022. The building, constructed in 1950 and completely renovated in 2023, features a large beer cave (200+ sq ft), a brand-new nine-door walk-in cooler, and a state-of-the-art security system (16 cameras). Modernized amenities include new shelving, lighting, glass display cases, three TV monitors, an ADT alarm system, and a Medisoft cash register system with a new computer. The property benefits from its prime location on a city/state highway, serving a neighborhood of over 4,000 residents. The asking price includes the building, land, and existing inventory. Additional inventory is available for an additional fee. This turnkey operation offers significant potential for continued growth and profitability. The property's recent renovation ensures minimal maintenance needs, allowing for immediate return on investment. Its convenient location and established customer base make it an attractive opportunity for owner-operators seeking a profitable business venture. The property is situated approximately one hour from Kansas City and two hours from Springfield, Missouri.

• CAP approach

  CAP return

  Valuation

  6%

  $318,241

  6.5%

  $293,761

  7%

  $272,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $116,165

  Geo Method

  $116,165

• Alternative Use

  Use

  Valuation

  Residential

  $364,264

  Hospitality

  $333,664

  Educational

  $277,604

  Medical

  $287,151

  Retail

  $431,829

Location Insight

City

Butler

County

Bates

State

Missouri

Latitude

38.2607

Longitude

-94.3435

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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