320 E Lexington Street

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320 E Lexington Street

Richmond, MO 64085
Asking Price
$1.20M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase in Richmond, Missouri
  • Located at 320 E Lexington Street in the city center
  • Asset offered at an asking price of 1,200,000 dollars
  • Situated within the established local commercial corridor
  • Property suits a variety of retail and service uses

What's Special

This retail storefront property spans the downtown corridor of Richmond, Missouri. Situated at 320 E Lexington Street, the asset provides a functional space suitable for traditional retail operations or local service-oriented businesses. Richmond maintains a stable suburban environment within the broader Kansas City metro area, benefiting from steady local commerce and established community infrastructure. The location offers visibility along a primary transit artery, positioning the building to serve both local residents and regional visitors passing through the county seat. Investors and business owners may find this site appropriate for long-term hold strategies or as a headquarters for a boutique commercial venture. With its straightforward layout and strategic placement, the property represents a viable entry point for those seeking to establish a physical presence in a central Missouri market. The building supports versatile build-outs tailored to various retail models requiring a standard storefront footprint.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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