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22065 Main Street

Reeds Spring, MO 65737

$449,900

Square Foot Range 5000 or more
Property Subtype Other
MLS# 60173514

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!

Property Details

City & State
Reeds Spring, MO
Zip Code
65737
Property Status
Active
Buildings
Two Buildings, Two Stories
Occupant Type
Monthly
Subtype
Other
Bank Owned/REO
No
New or Resale
Resale
Total Units
12
Inside City Limits
Yes
County
Stone
Subdivision
Phelps Addition
Lot Size
0.58 Acres
Year Built
1960
Financing or Will Sell
1031 Exchange, Cash, Conventional
Courtesy Of
ReeceNichols - Branson West IDX Logo

Units

Overview

Total Units
12
Heating
Wall Furnace
Cooling
Wall Unit

Unit Details

Type # of Units Monthly Rent Square Feet
Efficiency 8 Over $200

Appliances

Oven/Range
Refrigerator

Rental Information

Overview

Type of Tenancy
Monthly
Yearly Net Op Income
$0

Exterior & Utilities

Overview

Parking
Two or More
Streets
Street
Roofing Material
Composition, Metal
Water & Sewer
City Water

Utilities

High Speed Internet Access
Tenant Pays Part
Trash

Directions

In downtown Reeds Spring follow State Hwy 413 which is Main St in Reeds Spring to property with tenant, Reeds Spring Pizza Co. Extra parking lot with workshop included.

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Schools

Elementary

Reeds Spring

Middle

Reeds Spring

High

Reeds Spring

Murney Associates

Realtors ®

417-823-2300

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The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC , Inc. Real estate listings held by Brokerage firms other than Murney Associates, Realtors are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2020 Southern Missouri Regional MLS, LLC All rights reserved.
Last Updated: September 14, 2020 1:48 PM

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