$425,000

833 Howard Dr

Lebanon MO, 65536

Description

Net Operating Income over $36K - 9% cap rate, appraisal on file. 4000 sq. ft commercial building was formerly a dental clinic and is already setup for any type of medical exam type clinic with electric in the floor and water to most areas; but it would also function very well as a real estate company, large insurance agency or accounting office, or could easily be separated into several store fronts. It has 9 separate office/rooms and 6 separate parking lot entrances if used as separate store fronts. There are multiple restrooms, 2 showers, breakroom, lobby with reception counter area, and plenty of storage. The city is also in need of a collaborative co-working space with a central lobby and this space would work perfectly. Offered for Lease or Sale.

Details

MLS#20088117
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2010
Days On Site80

Features

SQ Feet4,000
Story(s)1
Zoningcommercial

Market Activity 65536

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Area Information
StateMO
CountyLaclede
CityLebanon
Zip Code65536
AreaLebanon
Listing VS Median (in 65536)
Price:
$425,000
low | high
Med:
$166,400
100% of Average
SqFt:
4,000
low | high
Med:
1,501
100% of Average
$ / SqFt:
$106
low | high
Med:
$113
43.519372319302% of Average
On Site:
80
low | high
Med:
19
100% of Average
Sourced by Back At You
Listing Updated: March 1, 2021 8:01:01 PM PST
Laura Ruether LogoMLS Number: 20088117
Listing Provided By:
Laura Ruether  of  EXP Realty LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the St. Louis Association of REALTORS.