410 S Pearl AVE new Save Request In-Person Tour Request Virtual Tour
Joplin,MO 64801
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2557002
Year Built 1900
Annual Tax Amount $17,421
Lot Size 0.861 Acres
Property Sub-Type Other
Property Description
Fantastic single level commercial w/one large residential unit (on second floor). Property currently has 14 tenants ranging from dentistry, physical therapy to attorneys offices. The property produces an approximate 5.49% Cap Rate with current income and an approximate pro forma Cap Rate of 9.37%!! The property is in excellent condition and has been well kept by the current long term (over 50 years) family/owner. Perfect for the Owner User. Enormous upside for the investor looking to break into the Joplin Commercial/Mixed Use Market!! Watch your ROI soar with the implementation of a RUBS program! Contact broker for Offer Memo.
Location
State MO
County Jasper
Zoning C
Exterior
Exterior Feature Building Sign
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Building
Story 2
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional