Price Reduced

1918 N Kingshighway Street

Cape Girardeau, MO 63701
$1,149,000
Photo of 1918 Kingshighway Street Cape Girardeau MO 63701

Details

SEIZE THE OPPORTUNITY to invest in a prominent North Kingshighway location with 219 feet of road frontage! This property has great visibility, is in excellent condition with lots of updates, and can be utilized in a variety of ways to generate solid cash flow. Part of the building was previously owner-occupied office space that was vacated with business sale and another tenant has recently purchased their own building and will be moving in October so NOW is the opportunity to fill the building with your own business and/or related businesses OR you can reconfigure the space to your liking and re-fill with tenants. Currently, there are two upstairs units leased and the smaller, separate residential building behind the main has three efficiency apartments that are currently leased. There is also a "can't miss" digital sign that can provide terrific business marketing to the crazy Kingshighway car count! Call for more information or to take a closer look!

Specs

Type Commercial
Lot Size 0.89 acres
Year Built 1987
Taxes Paid $5,119

Lots & Building Features

Construction Conventional
Cooling Electric
Heating Forced Air, Individual Unit
Parking Description Concrete
Sewer Public Sewer
Tax Year 2023
Water Public

Room Details

Misc Description Building Sign, Exterior Lighting, Smoke Alarm/Detec

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Financing

$
20%
0.44551784160139%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Cape Girardeau
County Cape Girardeau
Subdivision Golden Eagle Sub
Lori Fowler & Rebecca Harding, Area Properties Real Estate