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121 S Sprigg St
Cape Girardeau, MO 63703

$1,973,460 USD

Storefront Retail Office For Sale  •  35,782 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 35,782 SF
  • Lot Size 2.34 AC
  • Building Class C
  • Year Built 1990
  • Tenancy Multiple
  • Zoning C
0 Transit Score
67 Walk Score

Highlights

The property has the potential to increase its income by leasing the vacant retail suite at market rent, presenting an opportunity to boost cash flow.
Purchase the property well below replacement cost, providing a buffer against market fluctuations
Corner lots benefit from increased visibility and traffic, which will attract more customers and tenants.
The large size of the lot may allow potential expansion or redevelopment opportunities for the buyer, increasing the property’s long term value.
Having a successful grocer as an anchor tenant can draw additional foot traffic, benefitting future tenants and contributing to a vibrant retail cente
Roman Stuart 214-295-8565 Matthews Real Estate Investment Services
Roman Stuart 214-295-8565 Matthews Real Estate Investment Services