204 E 5th ST Active Save Request In-Person Tour Request Virtual Tour
Cassville,MO 65625
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60306482
Full Baths 4
Year Built 1999
Annual Tax Amount $2,999
Tax Year 2023
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Retail
Source somo
Property Description
Turnkey Income Property with Strong Returns204 E 5th Street presents a fully leased commercial investment offering over 6,000 square feet of retail space divided into five separate units. The property is 100% occupied, generating $6,200 in monthly gross rents against average landlord expenses of $935 per month, resulting in stable net income and dependable cash flow.Significant 2024 capital improvements reduce future maintenance costs and enhance long-term value, including four new HVAC units, complete bathroom remodels, and building reconfiguration to optimize leasable space and rental performance.With updated systems, solid tenants, and a proven income stream already in place, this property is an ideal option for investors seeking a low-maintenance, income-producing asset with immediate returns and future growth potential.
Location
State MO
County Barry
Area 6000
Direction Property is located on E 5th st just off of Sale Barn Road
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Heat Source Natural Gas
Exterior
Parking Features 20+ Spaces,Hard Surface
Utilities Available Water Available,High Speed Internet,Natural Gas Available,Electricity Available,Master Metered,Separate Meters
Waterfront Description None
Roof Type Metal
Others
Miscellaneous Fire Alarm,Smoke Detectors,220 Power