This 4,412 SF retail property offers investors an income-producing asset in a high-traffic commercial corridor of Crestwood, Missouri. Situated along Watson Road with approximately 19,404 vehicles per day, the property provides superior visibility and accessibility. It currently hosts a long-standing church tenant, supporting stable cash flow and historically consistent occupancy.
Positioned on nearly one acre, the site offers flexibility for a range of long-term redevelopment or repositioning strategies should future growth demand it. The location benefits from mature surrounding neighborhoods, robust regional retail clustering, and proximity to multiple major highways, ensuring strong connectivity for businesses and visitors.
With a listed price of $850,000, the property reflects an 8.5% cap rate on in-place NOI, delivering immediate income while preserving long-term value appreciation potential. This attractive basis, well below new construction costs, positions the asset as a compelling opportunity for investors seeking both income stability and future upside.