Mixed use investment rental property for an owner/manager with 9+% capitalization rate. Fully rented 2 level building with total sq ft of 8296, located in Reeds Spring plus includes additional parking lot with 864 sq ft workshop. Retail space of 4148 sq ft occupied by the iconic Reeds Spring Pizza Company plus eight studio apartments on the second level. The retail space is partitioned into 4 sections with separate commercial glass door front entrances and rear access doors along with a restroom for each section. The upper level studio apartments area accessed from wood framed staircases and covered deck walkways on the front and rear sides. There are asphalt parking areas at the front and rear of the building. An additional gravel parking lot with workshop is located on a separate tract of land that is east of the main building. Positive cash flow and decent capitalization rate for the owner/manager with this mix use investment rental property. Check it out! 2021-05-20
Off market
Street View
$713,300
22065 Main St, Reeds Spring, MO 65737
8beds
8,296sqft
Other
Built in 1960
-- sqft lot
$713,300 Zestimate®
$86/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 12
- Full bathrooms: 8
- 1/2 bathrooms: 4
Heating
- Wall, Electric
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 8,296 sqft
Property
Parking
- Total spaces: 18
- Parking features: Off-street
Features
- Exterior features: Stone, Metal
Lot
- Size: 0.58 Acres
- Features: City Lot
Details
- Additional structures: Two Buildings
- Zoning: Commercial
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Materials
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Sewer: City Sewer
- Water: City Water
- Utilities for property: High Speed Internet Access, Trash
Community & neighborhood
Location
- Region: Reeds Spring
HOA & financial
Other financial information
- Total actual rent: 4750
Other
Other facts
- Roof: Metal, Composition
- ZoningDescription: Commercial
- Appliances: Refrigerator, Oven/Range
- HeatingYN: true
- CoolingYN: true
- Zoning: Commercial
- NumberOfUnitsTotal: 12
- CurrentFinancing: Conventional, Cash
- LeaseTerm: Month To Month
- NumberOfBuildings: 2
- TotalActualRent: 4750.00
- PropertySubType: Other
- Cooling: Wall Unit(s)
- Heating: Wall Furnace
- WaterSource: City Water
- RoadSurfaceType: Asphalt
- LotFeatures: City Lot
- Utilities: High Speed Internet Access, Trash
- ParkingFeatures: Two or More
- Sewer: City Sewer
- MlsStatus: Active
- TaxAnnualAmount: 1836.00
- OtherStructures: Two Buildings
- TenantPays: Partial Utilities
- Road surface type: Asphalt
Services availability

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