Excelsior, MO Real Estate Search

Excelsior, MO Commercial Properties for Sale

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Newest Excelsior, MO Commercial Properties for Sale

$159,900
Originally built as a bank, this solid brick building on slab offers 2,460+/- square feet of character, flexibility, and a location that’s tough to beat. Zoned C-2 allowing for a wide range of retail, space, and serviced based uses ideal opportunity for owner, user, or investor to renovate and customize for their business or portfolio. Situated right on Broadway, the heartbeat of downtown Excelsior Springs, you’re just steps from major events like the BBQ Festival, Waterfest, and surrounded by local shops, boutiques, restaurants, and steady vehicle traffic year round. Even parade routes are just a block away. The exterior provides strong curb appeal with room to enhance even further with simple landscaping improvements. The property also features side parking and a drive around area that was previously used as a drive thru, adding functionality and future potential. Inside, the building is ready for updates but offers a highly functional layout with multiple possibilities. The front portion includes two private offices with an open, flexible space between them that works well as a reception area, shared workspace, or retail-style setup. One office features a fireplace, adding a unique touch. A centrally located bathroom sits between the front offices for convenience. Toward the middle of the building, you’ll find a full kitchen, creating additional versatility for office, studio, or mixed use concepts. The back of the building includes two large rooms that could serve as offices, meeting spaces, or private suites, with one offering direct access to a courtyard through a sliding glass door for added natural light and indoor outdoor flow.With the right vision and city approval, this property could easily function as multiple office suites, a boutique business, creative workspace, or investment opportunity with low overhead. This is a property for someone ready to bring new life into a well located building with strong bones and unlimited potential.

321 W Broadway Avenue, Excelsior Springs

Listing courtesy of Kenny Manley of ReeceNichols-KCN.

$465,000
Incredible Investment Opportunity in Historic Downtown Excelsior Springs! Situated just steps from the iconic Elms Hotel & Spa and surrounded by walkable retail, dining, and brewery destinations, this multi-unit commercial property offers unmatched location, visibility, and income potential. The property includes five fully leased units totaling 8,129 SF (with potential for a sixth), all situated on 0.37 acres and zoned C-2 (General Commercial). Tenants operate on month-to-month leases with flexibility to convert to one-year terms if needed for lending purposes. Unit 461 is newly leased (May 2025) at $900/month and also generates $200/month additional income from container storage leased by neighboring Dubious Claims Brewery. Currently generating $4,900/month ($58,800/year), with a GRM of 9.43, the property sits under a single parcel ID with strong potential for future subdivision per unit. Utility Disclosure: Tenants are responsible for their own utilities with separate meters for most units, with the exception of Units 459 and 461, which share a water meter—averaging $64/month, paid by the landlord and included in rent. Insurance premium is $2,857/year and a tax abatement through 2030 is pending final correction with the county (projected under $1,000/year). Investors and commercial buyers alike will appreciate the flexibility, visibility, and growth trajectory of Excelsior Springs’ thriving downtown district.

453-463 S Thompson Avenue, Excelsior Springs

Listing courtesy of SimmonsSales Team of RE/MAX Area Real Estate.

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