5721 Osage Beach Parkway Osage Beach, MO 65065 $1,870,000
Fully occupied medical office building providing over $130,000 annual income from rentals plus additional $15,572 in CAM (based on 2022 Actual Expenses). This is an extremely well maintained building in the heart of the Hospital grid, leased to outstanding tenants on a triple net lease generating a seven (7) Cap Rate. Adjoining adjacent land can be purchased or leased subject to ingress and egress to the office building and 4-5 currently used parking spaces. Office building must sell first. Units 1 and Units 3 are combined and leased to one tenant. Majority of building (82%) is upgraded to medical applications with separate exam rooms complete with full plumbing in each room.
Year Built: 1983
Roof Type: Metal
Year Updated: 2023
Fenced: No
Ext Const: Wood Siding
Potential Rent Inc: 130,311
Special Assessments: 0.00
Terms: Cash To Seller
Spec Assess Per: Year
Other Bank Stabilization: ,No,
Foreclosure: No
Garage: No
Parking Spaces: 30
Furnished: No
Fireplaces: No
Highway Access: 1
Lot Dimensions: 201x307x42x2330
Survey: ,No,
Location: Highway Frontage
Acres: 1.00
Road Frontage: 201
Rip Rap: ,No,
Boat Dock Incl: No
Dockable: ,No,
Seawall: No
Pier Permit: ,No,
Ramp Permit: ,No,
Pwc Slip: ,No,
Rip Rap Permit: ,No,
Common Area Maint: 15572
Accessory Permit: ,No,
Inventory Included: ,No,
Auction: No
Storage Count: 1
Fixed Equipment: 1
Remodeled Updated: Remodeled
Zoning Code: C-1
Possible Use: Commercial, Development
One Level Living: No
Zoning Auth: City Of Osage Beach
Fifty Five Plus Housing: No
Included: attached equipment and fixtures
Property Features: Gentle, Level
Ownership: Fee Simple
Parcel Number: 08501500000002006001
Pers Prop Incl: ,No,
Not Included: office equipment and furniture
Legal Description: M & B, Part SW NW 15-39-16, Camden Co., Mo
Business Type: Office Bldg., Sales Lot
Sqft: 6,116
Tax Year: 2022
Tax Real Estate: 7359.
Number of Units: 3
Sewer: Central Sewer
High Speed Internet: Yes
Pump Permit: ,No,
Cool System: Central Air
Heat Fuel Type: Electric
Heating: Forced Air Electric
Electricity: No
Utilities Available: Cable,Electric,Sewer
Water Type: City Water