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Investment Highlights

  • Single-story building originally constructed in 1994 and maintained in functional condition.
  • Flexible utilities in place including electric, natural gas, water, and sewer.
  • Adaptable for multiple business types including retail, restaurant, professional services, or specialty use.
  • Located just minutes from I-49 and US Highway 71, allowing convenient regional access.
  • Parking and circulation space provided on nearly one acre of land.
  • Current lease in effect through July 2026, offering immediate income potential.

Executive Summary

607 W. Gene Lathrop Drive offers an outstanding investment or owner-user opportunity in Sheldon, Missouri. The property consists of a well-maintained 1,936 SF building on a 0.99-acre lot, providing ample space for operations and on-site parking. Built in 1994, this one-story structure boasts a 14-foot ceiling height and is fully equipped with essential utilities including natural gas, electric, city water, and sewer.
Situated just minutes from I-49 and US Highway 71, the property benefits from excellent connectivity to regional destinations, making it attractive to businesses that prioritize accessibility. The site is currently operating as a restaurant, with an existing lease in place until July 31, 2026, providing immediate income potential with options for future adaptation or re-tenanting. Located near commercial activity within Sheldon, the property is ideal for various uses, offering flexibility for a range of business models from retail and food service to professional office or specialty businesses.
With a competitive sale price of $145,000, this property represents a cost-effective acquisition for investors seeking long-term upside or for business owners looking to control their real estate and solidify a presence in a conveniently located Missouri market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,936 SF
Building Class
C
Year Built
1994
Price
$203,769 CAD
Price Per SF
$105.25 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
0.99 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,936 SF
  • Restaurant
  • -
  • Jul 2026
Space Size Space Use Position Available
1st Floor 1,936 SF Restaurant - Jul 2026

1st Floor

Size
1,936 SF
Space Use
Restaurant
Position
-
Available
Jul 2026
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 41268400

  • Date on Market: 2026-07-13

  • Last Updated:

  • Address: 607 W Gene Lathrop Dr, Sheldon, MO 64784

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