About This Home
Built in 2016, this freestanding commercial building at 320 E Lexington Street in Richmond, Missouri, is offered for $1,200,000. The property sits on a 0.75-acre lot and currently has a national tenant in place. The existing lease provides a long-term arrangement with a corporate guaranty and a 5% increase during each renewal period.
As a commercial property, it is not configured or marketed as a residence and has no listed bedrooms or bathrooms. The building’s freestanding design offers a clearly defined commercial setting within Richmond, a rural town. This property may appeal to buyers seeking an investment with an established tenant and documented lease provisions. Additional building layout, tenant, and operational details are not provided in the listing information.
Key Features
- Built in 2016
- 0.75 acre lot
Property Details
Great opportunity to acquire a free standing building with a national tenant in place. Offers long term lease with corporate guaranty and 5% increase with each renewal period. Good location in rural town.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
320 E Lexington Street
Richmond, MO 64085
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 320 E Lexington Street is listed at $1,200,000. The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2016, 0.75 acre lot.
This property is listed by Jim Dollins and can be reached at 8162138176.