180 E Cherry St - Retail FOR SALE


Troy, MO 63379
$1,000,000 USD
636-238-2007
180 E Cherry St, Troy, MO for Sale
$1,000,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

NEW


180 E Cherry St
Troy, MO 63379


HIGHLIGHTS

  • Single-tenant retail property in central Troy spanning 3,320 SF with dining, bar, and arcade zones providing steady income potential.
  • Prime location off Cherry and Main Streets offers visibility to over 7,000 vehicles and convenient access to Highways 47 and 61.
  • Surrounding 10-mile area features 58,000 residents, rapid population growth, and strong consumer spending among local businesses.
  • Proximity to major employers and attractions generates consistent traffic from commuters, students, and event attendees.

OVERVIEW

Discover a prime retail investment opportunity at the heart of Troy, Missouri, located at 180 E Cherry Street. This single-tenant retail property offers a total of 3,320 square feet, featuring a spacious layout with modern design for operational flexibility. Originally built in 1920 and expertly maintained, the building features multiple revenue-generating zones, including a large dining area with comfortable seating, a full-service bar with high-top tables, and an arcade offering a wide selection of games. Multiple large-screen TVs are installed throughout, enhancing the venue for sports, movies, and entertainment, making it ideal for casual dining and game-day events. Situated just off the intersection of Cherry Street and Main Street, the property enjoys direct visibility to over 7,000 vehicles daily and is easily accessible from major highways 47 and 61. Within a 10-mile radius, the area supports a robust customer base of more than 58,000 people, with population growth exceeding 9% since 2020. The region is home to over 1,300 businesses, with an average household income above $96,000 and total consumer spending surpassing $737 million in 2024. Retail vacancies remain low at just 2% as of Q4 2025, and rent growth has exceeded 3% over the past year, creating a favorable environment for continued appreciation and investment potential. 180 E Cherry Street benefits from proximity to major local demand drivers, including the Lincoln County Fairgrounds, Woods Fort Golf Course, Mercy Hospital Lincoln, and Troy Buchanan High School, all within a 5-minute drive. The property is conveniently located near large industrial employers such as Toyota, Witte Bros., and Houghton Mifflin Harcourt, making it an accessible destination for local commuters. Take advantage of this cash-flowing retail property with multiple revenue-generating features and a strategic location in a thriving, high-growth region. For more information or to schedule a tour of 180 E Cherry Street, contact Gregg Sanford today.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Showroom, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C-1

APN/PARCEL ID

157026004022001000

ASK ABOUT THIS PROPERTY

Gregg SanfordGregg Adam Enterprises LLCMore Info
636-238-2007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gregg SanfordGregg Adam Enterprises LLCMore Info
636-238-2007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.