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Listed by Scott Theis • Stutesman's Action Realty
$ 1,300,000
Est. payment /mo
Pending
1407 W Austin BLVD Nevada, MO 64772
5.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2606133
Year Built 1980
Annual Tax Amount $29,195
Lot Size 5.900 Acres
Acres 5.9
Property Sub-Type Retail
Source hmls
Property Description
Prime commercial investment opportunity offering 5.9 acres with over 60,000 square feet of commercial space located directly on the main thoroughfare of town, providing excellent visibility and high daily traffic exposure. This expansive property is already income-producing with four established tenants currently under lease, delivering a strong month-to-month return on investment for the next owner.
Significant capital improvements have already been made, including a new roof and updated HVAC systems serving approximately 50% of the building, helping reduce near-term maintenance costs while improving overall efficiency.
The size and layout of the structure allow for multiple-use potential, making this an ideal opportunity for investors seeking stable income with room for future expansion, redevelopment, or additional tenant space. With its high-visibility location, strong rental income, and recent upgrades, this property presents a compelling addition to any commercial portfolio.
Significant capital improvements have already been made, including a new roof and updated HVAC systems serving approximately 50% of the building, helping reduce near-term maintenance costs while improving overall efficiency.
The size and layout of the structure allow for multiple-use potential, making this an ideal opportunity for investors seeking stable income with room for future expansion, redevelopment, or additional tenant space. With its high-visibility location, strong rental income, and recent upgrades, this property presents a compelling addition to any commercial portfolio.
Location
State MO
County Vernon
Zoning Com
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Building
Story 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Michael Green
Team Leader - Agent | License ID: 2019032997/CO90084900
+1(816) 560-5620 | michaelgreen52@yahoo.com