1304 Old Highway 40Odessa, MO 64076

For Sale
$1,200,000

30,000 SF Multi-Use Building, Missouri

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional value-add investment opportunity presents a 30,000-square-foot flex space building situated on a 5-7 acre lot in Odessa, Missouri. The property, built in 1995, is currently vacant and offers significant upside potential. The single-story building features 16-foot ceilings and is comprised of nine individual units, providing flexibility for various uses. Ideal for adaptive reuse, the space is suitable for industrial, warehouse, distribution, office, and retail purposes. The property boasts convenient access to I-70, enhancing its logistical appeal. With four parking spaces per unit and a total of nine units, ample parking is available. The asking price is $1,200,000, translating to $40 per square foot. The property is offered with 100% ownership and presents a rare chance to acquire a substantial multi-unit complex in a strategic location. While currently at 3% occupancy, the potential for increased rental income is substantial given the building's size, location, and versatility. The property is classified as Class C and is being sold as-is. There are no ground leases or gas pumps associated with this property. Note that there are no loading docks or dock-high doors.

Highlights

  • 30,000 SF flex space building on a 5-7 acre lot in Odessa, MO.
  • Vacant, single-story building with 16' ceilings, offering significant value-add potential.
  • Nine individual units, adaptable for industrial, warehouse, distribution, office, or retail uses.
  • Excellent I-70 access; ample parking (four spaces per unit).
  • $1,200,000 asking price ($40/SF); 100% ownership.
  • Class C property, sold as-is; no ground leases or gas pumps; no loading docks or dock-high doors.

Property Details for 1304 Old Highway 40

Property type
Other retail properties, Other office properties
Square Feet
30,000 SF
Class
C
Year Built
1995
Buildings
1
Stories
1
Lot Size (sq. ft)
217,800 SF
Units
9

Location Insight

City
Odessa
County
Lafayette
State
Missouri
Latitude
39.005918707284
Longitude
-93.972787337012
1304 Old Highway 40, Odessa, Missouri

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1304 Old Highway 40
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