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Riley Cain

riley@37northrealty.com +1(417) 349-1684

$485,900

Est. payment - /mo

2 Baths

0.32 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID SOM60331526

Full Baths 2

Year Built 1940

Annual Tax Amount $3,830

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 118.6X117.6

Source somo

Property Description

Income-Producing Commercial Investment | Downtown West Plains | Howell County, MissouriOutstanding opportunity to own an income-producing commercial investment in Downtown West Plains, Howell County, Missouri. Located at 409 Washington Avenue, this approximately 4,600-square-foot commercial building is currently leased, providing immediate rental income with scheduled lease increases already built into the current lease, creating predictable income growth and added value for investors.Whether you're looking to expand your commercial real estate portfolio, complete a 1031 Exchange, or purchase a quality commercial property with long-term appreciation potential, this property offers an exceptional opportunity in one of the Missouri Ozarks' most active and growing business districts.One of the property's most valuable assets is the dedicated private parking lot--a rare and highly desirable amenity in Downtown West Plains. Combined with excellent visibility, an inviting outdoor patio, and a prime location just off the Historic Court Square, this property offers features that are increasingly difficult to find in today's commercial market.The approximately 4,600-square-foot building is currently leased to an established bar and grill, providing immediate cash flow from day one. Even better, the existing lease includes scheduled rental increases, allowing investors to benefit from growing income throughout the lease term. Please note that all restaurant equipment is owned by the tenant and is not included in the sale.Downtown West Plains continues to thrive as the commercial and cultural center of the region. The Historic Court Square is home to a vibrant mix of retail shops, locally owned restaurants, professional offices, financial institutions, boutiques, and service businesses, creating a destination that attracts residents and visitors alike.

Location

State MO

County Howell

Area 4650

Direction Broadway to Washington, KC Bistro on the corner

Interior

Heating Forced Air, Heat Pump, Natural Gas, Electric

Cooling Electric, Heat Pump, Central Air, Gas

Fireplace No

Heat Source Forced Air, Heat Pump, Natural Gas, Electric

Exterior

Parking Features Gravel, Parking Area, 11-15 Spaces, On Street

Utilities Available Sewer Available, Electricity Available, Water Available

Waterfront Description None

View City

Building

Lot Description Sidewalk(s)

Others

Miscellaneous 1 Phase,Water Heater-Electric,Public Restrooms,Inside Storage,Delivery Door(s),220 Power

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Listed by Kimberly Grennan United Country Missouri Ozarks Realty Inc.

Nearby School & Business

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Riley Cain

+1(417) 349-1684

Broker Associate | License ID: 2014036958

Broker Associate License ID: 2014036958

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409 Washington AVE West Plains, MO 65775

Riley Cain

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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