607 W Gene Lathrop Dr - Restaurant FOR SALE


Sheldon, MO 64784
$145,000 USD
913-709-2425
607 W Gene Lathrop Dr, Sheldon, MO for Sale
$145,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

NEW


607 W Gene Lathrop Dr
Sheldon, MO 64784


HIGHLIGHTS

  • Single-story building originally constructed in 1994 and maintained in functional condition.
  • Located just minutes from I-49 and US Highway 71, allowing convenient regional access.
  • Flexible utilities in place including electric, natural gas, water, and sewer.
  • Parking and circulation space provided on nearly one acre of land.
  • Adaptable for multiple business types including retail, restaurant, professional services, or specialty use.
  • Current lease in effect through July 2026, offering immediate income potential.

OVERVIEW

607 W. Gene Lathrop Drive offers an outstanding investment or owner-user opportunity in Sheldon, Missouri. The property consists of a well-maintained 1,936 SF building on a 0.99-acre lot, providing ample space for operations and on-site parking. Built in 1994, this one-story structure boasts a 14-foot ceiling height and is fully equipped with essential utilities including natural gas, electric, city water, and sewer. Situated just minutes from I-49 and US Highway 71, the property benefits from excellent connectivity to regional destinations, making it attractive to businesses that prioritize accessibility. The site is currently operating as a restaurant, with an existing lease in place until July 31, 2026, providing immediate income potential with options for future adaptation or re-tenanting. Located near commercial activity within Sheldon, the property is ideal for various uses, offering flexibility for a range of business models from retail and food service to professional office or specialty businesses. With a competitive sale price of $145,000, this property represents a cost-effective acquisition for investors seeking long-term upside or for business owners looking to control their real estate and solidify a presence in a conveniently located Missouri market.

FOR SALE DETAILS

PRICE

$145,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gary CalvertCalvert`s Express Real Estate CO. LLCMore Info
913-709-2425

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Gary CalvertCalvert`s Express Real Estate CO. LLCMore Info
913-709-2425

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