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Exceptional Commercial Investment Opportunity in the Heart of Shell Knob!Position your business for success in this high-traffic, high-visibility location centrally situated in Shell Knob! This versatile commercial property features eight individual units, each offering a private bathroom and its own heating and cooling system. With 50% of the units already leased and several active inquiries, this property provides an opportunity to generate rental income while pursuing additional leasing potential.The flexible layout accommodates a variety of business opportunities, including professional offices, retail shops, service providers, and restaurant concepts. Whether you're an investor seeking income potential or an entrepreneur ready to establish your business in a prime location, this property offers the visibility, versatility, and central positioning to help bring your vision to life.But there's more! Included in this unique investment opportunity is a separate residential home of more than 3,000 square feet, located behind the Boardwalk. Currently operating as an active VRBO nightly rental, this property offers an additional income-producing opportunity. Continue the nightly rental operation or transform the home into a private residence--the choice is yours!Residential MLS # 60336446 Flexible Purchase Options: The commercial property and residential home may be purchased together or separately, offering flexibility for a variety of investment strategies. The purchaser of the Boardwalk property will have the first right of refusal regarding the residential home.Don't miss this opportunity to explore the possibilities of combining commercial real estate, rental income, and residential investment in the heart of Shell Knob!

Highlights

  • Commercial Sale
  • Retail
  • Built in 1958
  • 0.5 Acre Lot
  • 21 days on Market

  • Bathrooms
    8
  • Year Built
    1958
  • Parking Features
    Gravel, Attached
  • Cooling
    Electric, Window Unit(s)
  • Heating
    Forced Air, Electric

  • Acres
    0.5
  • Utilities
    Electricity Available
  • Water
    Private, Well

  • County
    Barry
  • City
    Shell Knob
  • Zip Code
    65747

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Frequently Asked Questions

How do I schedule a tour of 24872 State Highway 39?

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 24872 State Highway 39.

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

How do I get more information about 24872 State Highway 39?

Click Ask a Question to talk with our team. You already know it is a N/A bed, 8 bath, listed for $249,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Shell Knob, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 24872 State Highway 39?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 24872 State Highway 39 at around $1,425. 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 24872 State Highway 39?

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 Barry 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 24872 State Highway 39?

In most cases, yes. Whether 24872 State Highway 39 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Shell Knob'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 24872 State Highway 39?

We can handle that for you. Our preferred local agent specializes in commercial sales in Shell Knob 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 $249,000 with 3,232 sqft of space—that comes out to approximately $77 per square foot.

How long has this property been on the market?

24872 State Highway 39 was listed on October 16, 2026, which means it's been on the market for 21 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 1958, making it approximately 68 years old.

What is the lot size of this property?

24872 State Highway 39 sits on a 0.5-acre lot, which is 21,780 square feet.

What are the property taxes for 24872 State Highway 39?

The most recent public record shows annual property taxes for 24872 State Highway 39 were approximately $896. 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 24872 State Highway 39 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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The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of Southern Missouri Regional MLS. Real estate listings held by Brokerage firms other than ReeceNichols Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is deemed reliable but not guaranteed, and all information should be verified by the consumer. Any representation that a website contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. Information deemed reliable but not guaranteed. Copyright © 2026 Southern Missouri Regional MLS. All Rights Reserved.