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1213 Highway 63 6,068 SF 100% Leased Retail Building Houston, MO 65483 $699,000 ($115.19/SF)
Investment Highlights
- Income-generating strip center featuring individual suites
- Includes ample concrete parking and a covered porch on three sides
- Built in 2008 with a stone, brick, and metal exterior for low upkeep
- Located on Highway 63 with consistent traffic and nearby retail synergy
Executive Summary
This income-producing commercial strip center offers a fully leased investment opportunity in Houston, Missouri. Constructed in 2008 with stone, brick, and metal for low maintenance, the property encompasses four rental suites featuring flexible configurations ideal for a range of office and service uses. Each suite includes private restroom facilities, and one suite is equipped with a full reception area, multiple offices, and a kitchen. Concrete surface parking supports over a dozen vehicles, while a covered porch provides sheltered access around three building sides.
Situated along Highway 63, the property benefits from high visibility and strong local traffic flow, ensuring consistent exposure for tenants. Its location within the Houston commercial corridor places it conveniently near other retail businesses and community services. For investors, this offering represents immediate cash flow from an established tenant mix, coupled with structural durability that minimizes future capital expense requirements. The strong leasing history adds stability and positions the asset as a reliable component within a diversified portfolio.
Situated along Highway 63, the property benefits from high visibility and strong local traffic flow, ensuring consistent exposure for tenants. Its location within the Houston commercial corridor places it conveniently near other retail businesses and community services. For investors, this offering represents immediate cash flow from an established tenant mix, coupled with structural durability that minimizes future capital expense requirements. The strong leasing history adds stability and positions the asset as a reliable component within a diversified portfolio.
Property Facts
Sale Type
Investment
Property Type
Building Size
6,068 SF
Building Class
B
Year Built
2008
Price
$699,000
Price Per SF
$115.19
Percent Leased
100%
Building Height
1 Story
Building FAR
0.30
Lot Size
0.47 AC
Zoning
Commercial 2 - Commercial
Parking
11 Spaces (1.81 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 20-0.3-07-004-002-003.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $128,070 |
Property Taxes
Parcel Number
20-0.3-07-004-002-003.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$128,070
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1213 Highway 63