402 Main StJoplin, MO 64801

For Sale
$2,400,000

8-Story Building, 79,326 SF, High Income

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8-story multifamily and executive office building, located at 402 S Main St in downtown Joplin, Missouri, presents a unique owner-user investment opportunity. The property boasts a substantial 79,326 square feet on a 0.551-acre lot. Currently housing 10 tenants generating consistent income, this asset offers immediate cash flow. The first floor will be vacant at the time of sale, providing flexibility for an owner-occupant or expansion of existing operations. The building is in excellent condition and benefits from dedicated parking for tenants. Situated in the heart of Joplin, a city with a population exceeding 50,000, this property enjoys a prime location within a diverse business community. Joplin's economy is anchored by established national leaders in trucking, building products, and food production, complemented by a growing presence of e-commerce and tech startups. The asking price for this remarkable property is $2,400,000. This represents a compelling investment opportunity in a thriving Missouri market. The property's size, location, and existing income stream make it an attractive prospect for both seasoned investors and owner-users seeking a strong foothold in a dynamic city.

Highlights

  • $2,400,000 asking price for this multifamily/office building.
  • 79,326 square feet, 8 stories on a 0.551-acre lot.
  • Tenants in place generating current income with dedicated parking; first floor vacant at closing.
  • Excellent condition, located in Downtown Joplin, MO.
  • Strong Joplin market with a population exceeding 50,000, and a diverse business community.

Property Details for 402 Main St

Property type
Multifamily properties, Other office properties
Square Feet
79,326 SF
Stories
8
Lot Size (sq. ft)
24,002 SF

Location Insight

City
Joplin
County
Jasper
State
Missouri
Latitude
37.0874305
Longitude
-94.5135763
402 Main St, Joplin, Missouri

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402 Main St
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