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VIP Cinemas, Laurie, MO 1651 Highway O 27,662 SF 40% Leased Retail Building Gravois Mills, MO 65037 $1,495,000 ($54.05/SF)
Investment Highlights
- 10.68-acre site with approximately 1,200 feet of highway frontage.
- Multiple retail and restaurant spaces with additional pad sites for expansion.
- Over 100 parking spaces and excellent visibility along Highway O.
- Anchored by a 5-screen cinema with a 5-year lease commitment at closing.
- City water, city sewer, electric, and Co-Mo fiber optic internet available.
- Located near a golf course and within a growing commercial corridor.
Executive Summary
Rare commercial opportunity in the heart of Laurie. With 10.68 acres, approximately 27,662 square feet, and 1,200 feet of frontage on Hwy O, across from the golf course, this prominent property delivers the visibility, access, and scale investors look for. Anchored by a well-established 5-screen cinema, the site also features multiple retail spaces, a restaurant location, and a standalone ATM tenant. Level ground, multiple pad sites for expansion, 100+ parking spaces, city sewer, electric, Co-Mo fiber optic internet, and city water coming in April 2026 add to the appeal. Seller will provide a 5-year lease for the cinema at closing, offering built-in income potential. Cinema business and equipment are not included. MODOT says 2,500 to 5,000 cars a day drive past depending on the season.
Included: At closing Seller will provide a 5-year lease for the Cinemas, one recently leased retail space, one ATM month-to-month lease, and 3 available spaces including a restaurant location with lots of seating and kitchen area.
Not Included: The Cinema business and its equipment.
Included: At closing Seller will provide a 5-year lease for the Cinemas, one recently leased retail space, one ATM month-to-month lease, and 3 available spaces including a restaurant location with lots of seating and kitchen area.
Not Included: The Cinema business and its equipment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
27,662 SF
Building Class
B
Year Built
1998
Price
$1,495,000
Price Per SF
$54.05
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
10.68 AC
Zoning
C-1 - C-1 Multiple pad sites that remain undeveloped. Laurie City P and Z are easy to work with.
Parking
120 Spaces (4.34 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $537,764 | |
| Land Assessment | $10,116 | Total Assessment | $547,880 |
Property Taxes
Parcel Numbers
Land Assessment
$10,116
Improvements Assessment
$537,764
Total Assessment
$547,880
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VIP Cinemas, Laurie, MO | 1651 Highway O
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