Commercial property for sale - Cape Girardeau

130 North Main Street, Cape Girardeau

MLS #18059920

$275,000

Estimated monthly payment: $1,115   Customize
(Assuming 20% down, 4.5% interest, 30-year fixed mortgage)

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!

Facts

  • Status: Active
  • Includes approx. 0.0400 acres
  • Heating: Forced air
  • Cooling: Central air
  • Water system: Public water
  • Sewer system: Public sewer

Notices

  • This listing provided courtesy of the Mid America Regional Information Systems Internet Data Exchange. © 2018 MARIS. This website does not display the entire MARIS IDX database. Property listings of some REALTOR® brokerage firms have been excluded.
  • This property has been viewed 15 times.
  • This listing was last updated November 19, 2018.
  • All information is deemed reliable but is not guaranteed.