130 North Main, Cape Girardeau, MO 63701

$275,000
3,082
SqFt
List Price
$275,000
Days on Market
177
MLS#
18059920
Status
ACTIVE
Living Sq. Ft
3,082
Lot Size
1,742
Sq. Ft. Above
3,082
Acres
0.04
Subdivision
Unknown
Municipality
Cape Girardeau
County
Cape Girardeau
Listing Type
Commercial

Property Description

Iconic downtown Cape Girardeau income-producing building available for sale. This unique building has numerous possibilities for immediate income. The first floor is currently a busy general/convenience store with a regular customer base. Owner will consider leasing back the space, or the business could also be purchased. The second floor is a two bedroom, one bathroom loft-style residential unit that will lease for $1,400/mo beginning November. 1, at which point this potentially fully-leased building will be generating a 9.5% cap rate!

Additional Information

Construction
Conventional
Parking Description
Concrete
Special Description
Other
Cooling
Central-Electric
Sewer
Public
Heating
Individual Unit, Forced Air
Water
Public
Price Per Sq. Ft
89.23
Taxes Paid
1614
Selling Terms
Cash, Conventional, Government, Lease Back

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lorimont L.C..

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified