313 Ohio AveSedalia, MO 65301

Property Details for 313 Ohio Ave

Year built

1890

Lot size

0.05 AC

Property size (Sq ft)

3,080 SF

Property type

Retail space

APN

15-2.0-04-1-44-008.000

APU

152004144008000

Description

This exceptional mixed-use property in historic downtown Sedalia, Missouri, presents a compelling investment opportunity. The 3,000-square-foot building, situated on a 0.05-acre lot at 313 S Ohio Ave, 65301, offers a blend of retail and multifamily space, perfectly suited for an owner-user. The building features 1,500 square feet per floor, providing ample space for various uses. Recent renovations in 2016 and 2023 ensure the property is in excellent condition. Currently fully leased, it boasts a strong 8.20% capitalization rate with a net operating income (NOI) of $100,000, making it an attractive investment. Its prime location in the heart of downtown Sedalia places it within walking distance of the county courthouse and surrounded by a vibrant mix of restaurants, hotels, and other retail businesses. This property offers a unique combination of income generation and potential for future growth in a thriving downtown area. The asking price is $259,000. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use property in a desirable location.

Location Insight

City

Sedalia

County

Pettis

State

Missouri

Latitude

38.7081

Longitude

-93.2279

CBSA code

42740

CBSA name

SEDALIA, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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