DOWNTOWN CAPE BUILDING SOLD FOR NEW ANTIQUE MALL
45 N. Main - Cape Girardeau, MO
Historic downtown Cape Girardeau will have a new
antique mall opening in the very near future. One of the
largest available buildings on Main Street has been sold to
Maever's Investment Corporation. Plans are to use the two
level 15,000 square foot building to house a new antique mall.
Tom Kelsey, commercial real estate broker for
Lorimont Place, Ltd. handled the recent sale. Previous owner of
the property was Downtown Investment Corporation headed by David
Knight. Kelsey said the building built in the late 1950's had
been used as a Sterling's variety store, later a gymnastic
operation and most recently as a furniture store.
The Maever's family, who are also involved in
several regional Save-a- Lot Stores have immediate plans to
convert the building into one of Cape's largest antique malls.
The location is ideal with it's closeness to other downtown
antique shops and arriving riverboats who frequently make a port
The entire downtown area is being transformed
into an entertainment, retail, antique and restaurant district.
Recently opened Ragsdale's on the River, just down the corner is
the only micro-brewery operation between St. Louis and Memphis.
Kelsey said demand for downtown property suitable for these uses