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$599,900
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Property Description
Prime Commercial Auction Opportunity - 1931 Kingshighway, Cape Girardeau, Missouri This is more than a property. It is an opportunity to be part of Cape Girardeau's expanding commercial corridor and invest in one of southeastern Missouri's most dynamic markets. Located along North Kingshighway, 1931 Kingshighway places you in the center of a thriving business hub that serves as the commercial backbone of Cape Girardeau. This stretch of roadway is among the highest traffic corridors in the region, connecting Interstate 55 to the city's active retail, restaurant, and service districts. The property offers outstanding exposure, easy access, and direct connection to the businesses and neighborhoods that drive the local economy. The parcel totals approximately 32,400 square feet (.74 Acres +/-) and is zoned C2 Highway Commercial, one of the city's most versatile zoning designations. This allows a wide variety of uses including retail storefronts, offices, service operations, and mixed use redevelopment or new construction projects. The existing building has recently been opened up, providing a strong structure and flexible interior that can be repurposed, remodeled, or completely transformed. Whether you are a local business owner ready to establish your next location, an investor seeking to reposition a property in a proven corridor, or a developer looking for a prime site with strong fundamentals, this property delivers a compelling value. Surrounding the site are national retailers, restaurants, and service businesses that anchor this active commercial area. Major employers, healthcare facilities, and Southeast Missouri State University all contribute to the steady daytime population and economic activity that keep Kingshighway moving. Cape Girardeau's role as a regional hub attracts shoppers, professionals, and visitors from across multiple counties, creating a constant flow of traffic and opportunity. Infrastructure and access are excellent. Kingshighway provides multiple entry and exit points, and the property's location offers convenient access to downtown Cape Girardeau, Interstate 55, and nearby retail centers. The visibility and signage potential here are exceptional, perfect for any brand that wants to stand out and be seen. Cape Girardeau continues to experience steady commercial growth with a balanced economy supported by healthcare, education, logistics, and regional retail. The city's planning and development programs have maintained a business friendly environment that encourages investment and redevelopment along major routes such as Kingshighway. That forward momentum makes properties like this increasingly rare. 1931 Kingshighway represents a unique chance to capture one of the last flexible parcels in a proven, high traffic location. With C2 Highway Commercial zoning, strong demographics, and unmatched exposure, the possibilities are wide open. Do not miss this opportunity to buy at auction with a reserve price in place. Whether your goal is to operate, lease, or build, this property offers the foundation for long term success in one of Missouri's strongest regional markets.
Full Property Details
Full Property Details for 1931 N Kingshighway St
General
- Price: $599,900
- Taxes: $1,832 (2024)
- Status: Active
- Type: Commercial
- Source: MARIS
- MLS ID: 25074835
- Updated: 1/14/2026
- Added to Site: 81 day(s) ago
Interior
- Appliances: Other
Location
- Area: 685 - Southeast Missouri
- County: Cape Girardeau
- Township: Cape Girardeau
- Subdivision: None
Heating & Cooling
- Cooling Type: None
Utilities
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Water Available
Structural Information
- Current Bldg. Use: Automotive, Convenience Store, Car Wash, Bar/Tavern/Lounge, Laundromat, Office
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.785
- Lot Size (Sq. Ft.): 34,194.6
- Lot Size Source: Public Records
- Frontage: City Street, County Road
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,832
- Tax Year: 2024
Disclosures and Reports
- Ownership: Private
- Special Conditions: Auction
- Inclusions: Land
- Disclosures/Reports: None
- Property ID: 15-905-00-02-00600-0000
Listed by RE/MAX Platinum
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Schools
Schools serving 1931 N Kingshighway St
School District:Cape Girardeau 63 School District
| Name | Grades | Distance |
|---|---|---|
Clippard Elementary School 2880 Hopper Road, Cape Girardeau, MO 63701 | PK-4 | 1.1 mi |
Central Middle School, Cape Girardeau, MO 1900 Thilenius Street, Cape Girardeau, MO 63701 | 5-6 | 2.5 mi |
Central Jr. High School 1910 Whitener Street, Cape Girardeau, MO 63701 | 7-8 | 2.6 mi |
Central High School, Cape Girardeau, MO 1000 South Silver Springs Road, Cape Girardeau, MO 63703 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1931 N Kingshighway St
Date
Details
Price
Change
Source
11/11/2025
Listed
$599,900
—
MLS
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
Tax History for 1931 N Kingshighway St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,931
5%
$34,530
5%
2023
$1,832
—
$32,880
—
2023
$1,830
8%
$32,880
9%
2021
$1,687
—
$30,300
—
2022
$1,687
—
$30,300
—
2020
$1,692
—
$30,300
—
2019
$1,690
—
$30,300
—
2018
$1,687
—
$30,300
—
2017
$1,691
—
$30,300
—
2016
$1,684
—
$30,300
—
2015
$1,686
—
$30,310
—
2014
$1,694
—
$30,310
—
2013
$1,689
—
$30,310
—
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 1931 N Kingshighway St
1931 N Kingshighway Street, Cape Girardeau, MO 63701 (MLS# 25074835) is a Commercial property. 1931 N Kingshighway Street is currently listed for $599,900 and was received on November 11, 2025. Want to learn more about 1931 N Kingshighway Street? Do you have questions about finding other Commercial real estate for sale in Cape Girardeau? You can browse all Cape Girardeau real estate or contact a Coldwell Banker agent to request more information.
