10814 Business 21, Hillsboro, MO 63050

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Sold Price
$802,500
List Price
$950,000
Closing Date
Feb 27, 2026
Days on Market
197
MLS#
25056151
Status
CLOSED
Lot Size
30,927
Acres
0.71
Year Built
1987
Subdivision
N/A
Municipality
Hillsboro
County
Jefferson
Listing Type
Commercial

Property Description

* Previous buyer's financing fell through. Incredible opportunity to purchase a 100% occupied retail center in Hillsboro, MO with a 10% cap rate! Well-established, Local favorite, Mexican restaurant occupies 50% of the main level with recently expanded space and self-improvements for long-term success! Few opportunities come along like this for turn-key, investment cash-flow! Main level is 9968 sq ft and fully accessible lower level is as well! Since original listing, Seller has added Marquee signs at a cost of $15,000 and has paved & striped the lower parking lot at a cost of $12,450. Tenants include: Taco Tequila Bar and Restaurant, Emre Collective Studio, Bella’s Closet, Hillsboro Chiropractic, Excel Temporary Services, Cemtech Materials Corporation.

Additional Information

Cooling
Electric
Heating
Electric
Water
Public
Selling Terms
Cash, Contract, Conventional

Listing courtesy of Tim Prinkey. Alexander Realty Inc

Selling Office: Zdefault Office.

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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