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607 W Gene Lathrop Dr 1,936 SF 100% Leased Retail Building Sheldon, MO 64784 $203,769 CAD ($105.25 CAD/SF)



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.
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
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
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607 W Gene Lathrop Dr
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