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$500,000 Sale Pending

  • For Sale
  • Pending
  • Commercial Service
  • 5,178 Sq. Ft.
  • Updated 4 days ago
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**HUGE PRICE IMPROVEMENT!!!** Have you been looking for a Versatile and VERY WELL-maintained commercial property in the Heart of TROY MO? This one is perfect for a variety of business uses. The building features: Spacious open office area ideal for collaborative workspaces, Conference room for meetings and presentations, Three private offices, including one with its own private restroom, Separate men's and women's restrooms for staff and clients, Dedicated workshop space for hands-on operations or storage, Attached garage with a convenient drive-through bay, Separate outbuilding offering additional storage or work area! This space also offers a HUGE Parking Lot and a TON of road frontage! Please note: The business is not closing-only relocating to a new site. This is a great opportunity to own a flexible commercial space that can support a wide range of business needs!! Call TODAY!! Location: City, Downtown, High Traffic

Full Property Details for 581 E Cherry St

General

  • Price: $500,000
  • Taxes: $3,780 (2024)
  • Status: Pending
  • Type: Commercial Service
  • Source: MARIS
  • MLS ID: 25024744
  • Updated: 3/19/2026
  • Added to Site: 333 day(s) ago

Parking

  • Parking Features: Open, Parking Lot, Paved, Asphalt

Location

  • Area: 458 - Troy R-3
  • County: Lincoln
  • Township: Troy
  • Subdivision: Woolfolks Add
  • Driving Directions: GPS Friendly

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Electric
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Water Available, Sewer Available, Phone Available

Structural Information

  • Roof: Architectural Shingle
  • Square Feet: 5,178
  • Current Bldg. Use: Other, Services, Warehouse, Retail, Office
  • Year Built: 1995

Lot Features

  • Lot Size (Acres): 0.344
  • Lot Size (Sq. Ft.): 14,985
  • Lot Size Source: Public Records
  • Frontage: City Street

Financial Considerations

  • Tax Amount: $3,780
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: LOTS 6-7 BLK 1 WOOLFOLKS AD DITION
  • Inclusions: Building, Land, Fixtures
  • Property ID: 157026004001001000

Listed by Berkshire Hathaway HomeServices Select Properties

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— 581 E Cherry St —

  • Berkshire Hathaway HomeServices Select Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 581 E Cherry St

School District:Troy R-Iii School District
NameGradesDistance
Main Street Elementary School
51 N Main St, Troy, MO 63379
K-50.5 mi
Troy Middle School
713 West College Street, Troy, MO 63379
6-80.7 mi
Troy Buchanan High School
1190 Old Cap Au Gris Road, Troy, MO 63379
10-120.9 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 581 E Cherry St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Price Reduced
$500,000
-4.76%
MLS
12/02/2025
Price Reduced
$525,000
-7.08%
MLS
11/20/2025
Price Reduced
$565,000
-1.74%
MLS
7/08/2025
Price Reduced
$575,000
-2.53%
MLS
6/02/2025
Price Reduced
$589,900
-2.5%
MLS
4/25/2025
Listed
$605,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 581 E Cherry St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,841
2%
$59,795
3%
2024
$3,780
1%
$57,776
—
2023
$3,757
5%
$57,776
5%
2022
$3,593
19%
$54,995
19%
2021
$3,025
18%
$46,067
18%
2020
$2,564
—
$38,966
—
2019
$2,567
—
$38,966
-25%
2019
$2,567
-21%
$52,045
—
2016
$3,268
—
$52,045
9%
2016
$3,268
—
$47,619
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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581 E Cherry Street, Troy, MO 63379 (MLS# 25024744) is a Commercial Service property. 581 E Cherry Street is currently listed for $500,000 and was received on April 25, 2025. Want to learn more about 581 E Cherry Street? Do you have questions about finding other Commercial Service real estate for sale in Troy? You can browse all Troy real estate or contact a Coldwell Banker agent to request more information.

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