Searching ...

Check out this exceptional commercial property in Richmond, MO, now priced below appraised value! This prime location features four distinct office spaces, ideal for anyone seeking lucrative rental opportunities. Currently, three out of four offices are leased, providing a steady monthly income of $2,825. The remaining office space, approximately 650 sq ft, is available for your business or investment needs. Each office boasts a storefront window and benefits from a convenient location, offering endless possibilities for your vision. Plus, the property includes an unfinished loft apartment, ready for your creative touch, along with a two-car garage that secures off-street parking—a rare find in Richmond! Whether you're looking to expand your investment portfolio or make your first foray into real estate, this opportunity is not to be missed!

Highlights

  • Business Opportunity
  • Business
  • 0.13 Acre Lot
  • 81 days on Market

  • Stories
    2.0
  • Parking Features
    Covered, On Street

  • Acres
    0.13
  • Lot Features
    Corner Lot
  • Utilities
    Electricity Available, Water Available, Natural Gas Available

  • Area
    999 - Other Missouri Area
  • County
    Ray
  • City
    Richmond
  • Zip Code
    64085

Ask a Question

What's your home worth?

Calculate your current home value within seconds.

Frequently Asked Questions

How do I schedule a tour of 118 E Main St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 118 E Main St.

They know business opportunitys in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 118 E Main St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $399,000. We can talk through recent upgrades, potential seller motivation, how this business compares to others in Richmond, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 118 E Main St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 118 E Main St at around $2,376. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 118 E Main St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Ray County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 118 E Main St?

In most cases, yes. Whether 118 E Main St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Richmond's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 118 E Main St?

We can handle that for you. Our preferred local agent specializes in business opportunitys in Richmond and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $399,000 with 5,512 sqft of space—that comes out to approximately $72 per square foot.

How long has this property been on the market?

118 E Main St was listed on August 22, 2026, which means it's been on the market for 81 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

118 E Main St sits on a 0.13-acre lot, which is 5,663 square feet.

What are the property taxes for 118 E Main St?

The most recent public record shows annual property taxes for 118 E Main St were approximately $1,269. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 118 E Main St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

Popular Home Searches in Richmond, MO


Search Nearby Cities


Search Nearby Counties


Search Nearby Postal Codes

Based on information submitted to the MLS GRID as of November 11, 2026 at 09:16AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026, Heartland MLS. All rights reserved.

Last Updated: November 11, 2026 at 09:16AM | Source: Heartland MLS | MLS#: 2638077