3323 32Nd StJoplin, MO 64804

For Sale
$2,000,000

7,500 SF Multi-Tenant Shopping Center

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional value-add opportunity presents a 7,500 square foot multi-tenant shopping center in Joplin, Missouri. Located at 3323 E 32nd St, this Class B property sits on a 2.64-acre lot (APN 20401800000047000) and is zoned for commercial use. Currently, the center has five units with a 40% occupancy rate, presenting a significant redevelopment opportunity for an investor. The property boasts high visibility, situated adjacent to a new 90,000 square foot Menard's store opening in 2023, and benefits from excellent traffic counts, with 32,000 vehicles per day on Rangeline and 16,000 vehicles per day on 32nd Street. Individual unit sizes range from 1,500 to 4,500 square feet, offering flexibility for various retail uses. The asking price is $2,000,000, translating to $266.67 per square foot. This property is ideal for an owner-occupied user seeking to establish a presence in a high-traffic area or an investor looking to capitalize on the redevelopment potential and strong location. The property's strategic location and proximity to a major retailer make it a compelling investment prospect.

Highlights

  • 7,500 SF multi-tenant shopping center in Joplin, MO with 40% occupancy.
  • Significant redevelopment opportunity on a 2.64-acre lot.
  • Ideal for owner-occupancy or investor seeking value-add potential.

Property Details for 3323 32Nd St

Property type
Lifestyle centers, Power centers
Square Feet
7,500 SF
Class
B
Buildings
1
Lot Size (sq. ft)
114,998 SF
Units
5

Location Insight

City
Joplin
County
Jasper
State
Missouri
Latitude
37.0555665
Longitude
-94.4726133
3323 32Nd St, Joplin, Missouri

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3323 32Nd St
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