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.
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