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607 W Gene Lathrop Dr , Sheldon, MO 64784

$145,000

1,936
sqft
1994
year built

FOR SALE OR LEASE Excellent commercial opportunity! This property features a 1,936 sq. ft. restaurant building situated on a 0.99-acre lot with approximately 43,124 sq. ft. of outdoor parking space. The exterior of the building is in excellent condition and requires little to no maintenance. Major updates include: HVAC system replaced approximately 5 years ago. Hot water heater replaced 2 years ago.(This information was provided in a previous listing.)For the right buyer or tenant, this property can be offered with a lot of restaurant equipment, making this a turnkey opportunity. Whether you are starting a new business, expanding, or investing in commercial real estate, this property offers tremendous potential. Don’t miss this opportunity! There are many potential uses for this building, such as an insurance agency office, real estate office, hair salon, daycare, or call center. It is also possible to rezone this property to residential for your home. However, if you're planning to rezone, it is always best to check with the city and the county first. Schedule your private showing today by contacting the listing agent. LEASE TERMS: This property is offered as a triple net lease (NNN). PICTURES ARE COMING! There is currently a lease on the property the lease Expires 07-31-2026.

Highlights

  • Business Opportunity
  • Business
  • Built in 1994
  • 0.99 Acre Lot
  • 128 days on Market

  • Year Built
    1994
  • Stories
    1.0
  • Parking Features
    Parking Lot

  • Acres
    0.99
  • Utilities
    Sewer Available, Electricity Available, Water Available, Natural Gas Available

  • Area
    235 - Vernon, St Clair, Cedar, Barton and Dade
  • County
    Vernon
  • City
    Sheldon
  • Neighborhood
    Other
  • Zip Code
    64784

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Frequently Asked Questions

How do I schedule a tour of 607 W Gene Lathrop Dr?

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 607 W Gene Lathrop Dr.

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 607 W Gene Lathrop Dr?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $145,000. We can talk through recent upgrades, potential seller motivation, how this business compares to others in Sheldon, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 607 W Gene Lathrop Dr?

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 607 W Gene Lathrop Dr at around $974. 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 607 W Gene Lathrop Dr?

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 Vernon 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 607 W Gene Lathrop Dr?

In most cases, yes. Whether 607 W Gene Lathrop Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Sheldon'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 607 W Gene Lathrop Dr?

We can handle that for you. Our preferred local agent specializes in business opportunitys in Sheldon 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 $145,000 with 1,936 sqft of space—that comes out to approximately $75 per square foot.

How long has this property been on the market?

607 W Gene Lathrop Dr was listed on July 06, 2026, which means it's been on the market for 128 days.

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

When was this house built?

This home was built in 1994, making it approximately 32 years old.

What is the lot size of this property?

607 W Gene Lathrop Dr sits on a 0.99-acre lot, which is 43,124 square feet.

What are the property taxes for 607 W Gene Lathrop Dr?

The most recent public record shows annual property taxes for 607 W Gene Lathrop Dr were approximately $1,782. 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 607 W Gene Lathrop Dr 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

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Based on information submitted to the MLS GRID as of November 11, 2026 at 11:07PM. 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 11:07PM | Source: Heartland MLS | MLS#: 2629805