Address
22065 Main Street Reeds Spring, MO
Price
$ 449,900
Property Attributes
  • MLS#60173514
  • TypeMulti-Family
  • CountySTONE
  • CityReeds Spring
  • NeighborhoodPhelps Addition
  • Zip65737
  • Style
  • Year Built1960
  • Taxes1836
  • Price$ 449,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8296
  • Lot Size0.58 Acres
Listing Provided Courtesy Of:
Reecenichols - Branson West
Property Description

Mixed use investment rental property for an owner/manager with 9+% capitalization rate. Fully rented 2 level building with total sq ft of 8296, located in Reeds Spring plus includes additional parking lot with 864 sq ft workshop. Retail space of 4148 sq ft occupied by the iconic Reeds Spring Pizza Company plus eight studio apartments on the second level. The retail space is partitioned into 4 sections with separate commercial glass door front entrances and rear access doors along with a restroom for each section. The upper level studio apartments area accessed from wood framed staircases and covered deck walkways on the front and rear sides. There are asphalt parking areas at the front and rear of the building. An additional gravel parking lot with workshop is located on a separate tract of land that is east of the main building. Positive cash flow and decent capitalization rate for the owner/manager with this mix use investment rental property. Check it out!

Elementary School Middle School High School
Reeds Spring Elementary School Reeds Spring Middle School Reeds Spring High School
Price History
9/14/2020 Listed $449,900

General Features

Appliances Oven/Range, Refrigerator
Bathrooms 1 Per Unit
Cooling Wall Unit
Elementary School Reeds Spring
Financing Cash, Conventional
Foreclosure/short Sale No
Heating Wall Furnace
High School Reeds Spring
Inside City Limits Yes
Legal Description Tract 2 and 4 of Survey recorded at Plat Book 88, Page 13, Stone County Recorder's Office. Two separate Tax Assessor Parcel Id#'s.
Middle School Reeds Spring
Parking Two or More
Possession Subject to Tenant Rt
Property Type B
Sewer City Sewer
Status Active
Subdivision Phelps Addition
Tax Year 2019
Transaction Type Sale
Type Other
Utilities High Speed Internet Access, Tenant Pays Part, Trash
Water City Water
Will Sell 1031 Exchange, Cash, Conventional
Year Built 1960
Zoning Commercial

Interior Features

# Efficiency Units 8.00
# One Bedroom Units 0.00
Total Number of Units 12

Exterior Features

Buildings Two Buildings, Two Stories
Lake/River None
Lot Dimensions See attachment
Roofing Material Composition, Metal
Waterfront/view None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 65737

Price
AVG $490K
$450K
Taxes
AVG $1,268
$1,836
Visits
AVG 52
20
Year Built
AVG 1990
1960

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