Date
Details
Price
Change
Source
9/05/2026
Listed
$308,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$308,800 Just Listed
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1/21
Property Description
WHY RENT WHEN IT'S CHEAPER TO OWN?! Stop paying high-dollar rent and own your own building for so much less! high-traffic area with a central location! Located on main business corridor in Troy on Cherry Street & is ready to set up business with communication lines and plenty of rear parking area. Would be a great space for an insurance office, real estate office, spa or a hair salon, a clothing resale shop, or maybe a quaint little boutique, tattoo parlor ... whatever you want! This was formerly a hair salon and some of the infrastructure is still in place. Hardwood floors throughout. Full bathroom, no kitchen. Upper level, basement, and addition in the back offer additional space for storage or something else. this building sits across the street from the People's Bank & Trust, Casey's, and the Post Office, Lincoln County Farmers Mutual, Paige Law and more.
Full Property Details
Full Property Details for 541 E Cherry St
General
- Price: $308,800
- Taxes: $1,653 (2012)
- Status: Active
- Type: Commercial Investment
- Source: MARIS
- MLS ID: 26057043
- Updated: Today (9/5/2026)
- Added to Site: Today
Parking
- Parking Features: Lighted, Open, Parking Lot, Paved, Asphalt
Location
- Area: 458 - Troy R-3
- County: Lincoln
- Subdivision: none
Heating & Cooling
- Cooling Type: Central Air Conditioning, Electric
- Heating Type: Electric, Forced Air
Utilities
- Water: Public
- Utility Description: Electricity Available, Water Available, Sewer Available, Phone Available
Structural Information
- Current Bldg. Use: Office, Retail
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Size Source: Public Records
- Frontage: Alley, City Street
Financial Considerations
- Tax Amount: $1,653
- Tax Year: 2012
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Building, Land
- Disclosures/Reports: No Other Known Restrictions
- Property ID: 157026004001003000
Listed by Black & Associates, LLC
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Listing agent
— 541 E Cherry St —
Black & Associates, LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 541 E Cherry St
School District:Troy R-Iii School District
| Name | Grades | Distance |
|---|---|---|
Main Street Elementary School 51 N Main St, Troy, MO 63379 | K-5 | 0.5 mi |
Troy Middle School 713 West College Street, Troy, MO 63379 | 6-8 | 0.7 mi |
Troy Buchanan High School 1190 Old Cap Au Gris Road, Troy, MO 63379 | 10-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 541 E Cherry St
Tax History
Tax History for 541 E Cherry St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,318
9%
$21,430
-34%
2024
$2,118
1%
$32,371
68%
2023
$2,105
4%
$19,220
-38%
2022
$2,025
—
$30,995
—
2021
$2,035
6%
$30,995
7%
2020
$1,912
—
$29,053
—
2019
$1,914
—
$29,053
-2%
2019
$1,914
40%
$29,635
—
2016
$1,365
—
$29,635
49%
2016
$1,365
—
$19,888
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 541 E Cherry St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,570Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,150Sq. Ft.
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- Single Family
- Active
- Updated 7 hours ago
- 4Beds
- 3Total Baths
- 2,644Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,080Sq. Ft.
Listed by Dana Mosher (636) 698-3028
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,381Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 1,764Sq. Ft.
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- Single Family
- Closed
- 3Beds
- 3Total Baths
- 1,904Sq. Ft.
Listed by Jan Blassie
- Single Family
- Closed
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,438Sq. Ft.
Sold by Joe Lombardo
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,466Sq. Ft.
Sold by Katie Meixner
- Single Family
- Closed
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,500Sq. Ft.
Sold by Dana Mosher
541 E Cherry Street, Troy, MO 63379 (MLS# 26057043) is a Commercial Investment property. 541 E Cherry Street is currently listed for $308,800 and was received on September 05, 2026. Want to learn more about 541 E Cherry Street? Do you have questions about finding other Commercial Investment real estate for sale in Troy? You can browse all Troy real estate or contact a Coldwell Banker agent to request more information.