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224 N Frederick Street, Cape Girardeau, MO 63701

$500,000
  • 224 N Frederick Street, Cape Girardeau, MO 63701 Main Photo

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Active
MLS#25068336
STATUSActive PROPERTY TYPECommercial - Office SUBDIVISIONCape Girardeau

Property Description

In the heart of downtown and just steps from dining, shopping, and campus life, this fully renovated 11-bedroom property offers a rare combination of size, location, and versatility. Formerly a medical facility, this solid, slab-built structure was completely transformed in 2020 into a high-demand sorority house, making it a proven income-producing asset for its current owners. Spanning over 5,100 square feet, the home features bedrooms thoughtfully arranged along the perimeter for privacy, while the center of the home offers a spacious living room, dining area, and oversized kitchen with a butler's pantry. A bright, inviting sunroom stretches across the back. With three bathrooms, one half bath, and two laundry rooms, the layout is designed for high occupancy and convenience. Situated on a generous lot with twenty-five parking spaces, this property is perfectly suited for group housing, co-living arrangements, student rentals, or even a conversion back into professional office or medical space. Whether you're an investor seeking strong rental income, an organization in need of housing, or a visionary ready to adapt this space to your unique use, this property offers unmatched flexibility in one of the most desirable locations in town. Property is owned by licensed Realtors.

224 N Frederick Street | MLS# 25068336

This commercial property located at 224 N Frederick Street, Cape Girardeau, MO 63701 is currently listed for sale with an asking price of $500,000. Search Cape Girardeau real estate on www.trophypa.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.77 Acres
Taxes: $3,123
Year Built: 1989

Feature Descriptions

Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Washer/Dryer
Current Use: Residential
Days on Site: 144
Electric: Ameren
Exterior: Brick Veneer
Laundry: Common Area
Parcel#: 21-107-00-07-01300-0000
Potential Use: Commercial, Professional/Office, Residential
Tenant Pays: Internet
Water: Public

Listed By / Shown

Listed By

Agency Name: EXP Realty, LLC

Shown By

Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263

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