2806 State Hwy 176, Rockaway Beach, MO 65740

ON THE LAKE! TWO REMODELED BUILDINGS on two parcels on the same city block with very extensive renovations over the past 3 years. Nearly every critical system has been replaced, including roofs, electrical, plumbing, floors, windows, doors, etc. Great Investment opportunity! Welcome to The Lighthouse and Benton, a wholly remodeled mixed-use complex that offers several complementary uses, small enough for any investor to operate. Whether you are looking for an apartment and or VRBO rental, retail, office, or small cafe dining space, this property has it all. Located in the heart of the Missouri Ozark Mountains, Rockaway Beach prides itself as one of the first resort towns west of the Mississippi River. Because of Rockaway Beach's beautiful lakefront location and a hamlet for trout fishing, resort businesses have been continuous since the early 1900s. Located only 13 miles from the famous Branson Strip, Rockaway Beach gives visitors and community members a relaxing home just minutes away from all the Branson entertainment by watercraft or car.

BUILDING 1

The Lighthouse Building consists of 4,280 sq ft. of residential space, 1,350 sq ft. of retail space, a 1172 sq. ft. streetside cafe: and 1746 sq. ft. of office/ and storage. The total building measures 8,714 sq ft. You have 4 residential apartments (2 units set up for Long Term and 2 for nightly rental in short supply in this lakeside market. The Retail space features full water views and great size for gatherings for events. Street-level cafe directly across the park is perfect for road frontage exposure. Office/ storage space could be great for storage as well as a management office. All new HVAC, appliances, and windows in 2023, new roof in 2022. This property is currently generating income from 3 of the 4 residential units with additional opportunity for commercial rent generated by the retail and office.

BUILDING 2

The Benton property has 5 residential units - it has room for 3 more to be built if desired.

Overall:

2806 State Highway 176

132/142 Benton

Rockaway Beach, MO 65740

Total Square feet

14,316

Lot Size = .57 Acres

Park Front/Unobstructed Water Views

Property Composition

10 Residential Units

19 Bed / 10 Bath

8,141 Sq. Ft.

Warehouse & Workshop

2,946 Sq. Ft.

Café/Retail Space

1,172 Sq. Ft.

Office/Retail Space

875 Sq. Ft.

Storage / Maintenance Space

1,182 Sq. Ft.

Analytics for the STR Comps is here: AirDNA.co

Comps are based on a 2 person occupancy per bedroom. There are 11 Bedrooms, 6 bathrooms - so this is based solely on the residential portions of 2806. Not of the additional revenue streams that can be created including coinop or commercial rental space.

2806 State Highway 176, Rockaway Beach, MO 65740

2806rb.com is the website for the front building.

Currently, Units 5 & 6 in Benton are occupied. 8 & 9 are ready for occupancy.

In 2806, Units A, D and B2 are occupied.

Call to schedule your showing today!

Call Rich Crowell at 417-598-3126 on his cell or the office number to schedule your showing