$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 Site40

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:
$179,900
100% of Average
SqFt:
4,000
low | high
Med:
1,500
100% of Average
$ / SqFt:
$106
low | high
Med:
$120
37.121568627451% of Average
On Site:
40
low | high
Med:
80
50% of Average
Listing Updated: January 20, 2021 8:01:16 PM PST
Laura Ruether LogoMLS Number: 20088117
Listing Provided By:
Laura Ruether  of  EXP Realty LLC
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