Amy Allen
MLS#2557002
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Fantastic single level commercial w/one large residential unit (on second floor). Property currently has 14 tenants ranging from dentistry, physical therapy to attorneys offices. The property produces an approximate 5.49% Cap Rate with current income and an approximate pro forma Cap Rate of 9.37%!! The property is in excellent condition and has been well kept by the current long term (over 50 years) family/owner. Perfect for the Owner User. Enormous upside for the investor looking to break into the Joplin Commercial/Mixed Use Market!! Watch your ROI soar with the implementation of a RUBS program! Contact broker for Offer Memo.
Property Features
Property Type: Commercial - Business
Lot Size: 0.86 Acres
Stories: 2.0
Year Built: 1900
Feature Descriptions
Current Use: Medical/Dental, Medical Service, See Remarks
Days on Site: 250
Location: Business District, Free Standing
Parking: Garage, Leased, Parking Lot
Raod Frontage: City Street
Road Responsibility: Public Maintenance
Sale Includes: Building Only
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Listed By / Shown By
Listed By
Agency Name: Ralph Watkins, Broker
Agency Phone: 415-515-9175
Shown By
Agent Name: Amy Allen
Agent Phone: (913) 636-4317
Agency Title: Chartwell Realty
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410 S Pearl Avenue | MLS# 2557002
This commercial property located at 410 S Pearl Avenue, Joplin, MO 64801 is currently listed for sale with an asking price of $1,500,000. Search Joplin real estate on aallen.chartwellkc.net today.