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1917 William St 2,500 SF 50% Leased Office Building Cape Girardeau, MO 63703 $325,000 ($130/SF) 10% Cap Rate



Investment Highlights
- Heavy Traffic Area - High Visibility
- Priced below appraisal
- Beautifully Remodeled - Modern and up to date
Executive Summary
This move-in-ready commercial office space, fully remodeled in 2014, features private offices, spacious conference rooms, and an ADA-compliant entrance and restroom. Enjoy high-traffic frontage along with a newer roof, plumbing, sewer lines, HVAC components, updated electrical and network cables, plus freshly paved asphalt parking. The exterior walls are fully insulated with spray foam and cellulose, with added insulation between floors and key office areas. There’s room for a stove, oven, and break area, or the option to create an additional large conference space—the possibilities are endless! Conveniently located on busy William Street with plenty of parking, this hassle-free property needs no updates. It truly offers location, convenience, and versatility. Priced below appraisal.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built/Renovated
1953/2014
Price
$325,000
Price Per SF
$130
Cap Rate
10%
NOI
$32,500
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.34
Lot Size
0.17 AC
Zoning
C - General Commercial
Parking
9 Spaces (3.6 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- State Farm Insurance
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| State Farm Insurance | Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 21-105-00-22-00500-0000 | Improvements Assessment | $7,570 |
| Land Assessment | $1,040 | Total Assessment | $8,610 |
Property Taxes
Parcel Number
21-105-00-22-00500-0000
Land Assessment
$1,040
Improvements Assessment
$7,570
Total Assessment
$8,610
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Special T Realty, LLC
1917 William St
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