Turnkey Income Property with Strong Returns 204 E 5th Street presents a fully leased commercial investment offering over 6,000 square feet of retail space divided into five separate units. The property is 100% occupied, generating $6,200 in monthly gross rents against average landlord expenses of $935 per month, resulting in stable net income and dependable cash flow. Significant 2024 capital improvements reduce future maintenance costs and enhance long-term value, including four new HVAC units, complete bathroom remodels, and building reconfiguration to optimize leasable space and rental performance. With updated systems, solid tenants, and a proven income stream already in place, this property is an ideal option for investors seeking a low-maintenance, income-producing asset with immediate returns and future growth potential.
| MLS # | 60306482 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1999 |
| Days On Site | 323 |
| Listing Provided By | Murney Associates - Primrose | Gideon Valley Real Estate |
| Bath(s) | 4 |
|---|---|
| SQ Feet | 6,000 |
| Acreage | 1.00 |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | 20+ Spaces, Hard Surface |
| Property | 2999 |
|---|
| State | MO |
|---|---|
| County | Barry |
| City | Cassville |
| Zip Code | 65625 |
| State | MO |
|---|---|
| County | Barry |
| City | Cassville |
| Zip Code | 65625 |