About this home

108 Grand Avenue presents a rare opportunity to acquire a federally-leased commercial property with a long-term, government-backed tenant. The U.S. Postal Service has operated from this location serving the Forest City, Missouri community (ZIP 64451), providing investors with a stable, creditworthy income stream backed by the full faith of the United States government. • Government Tenant — USPS is a federal agency providing effectively zero credit risk for the lease term. • Long Lease Runway — Lease runs to April 30, 2029 with an option extending through April 30, 2034 — potentially 9+ years of remaining term. • New Roof (2023) with 7-Year Warranty — Replaced during the 2023 renovation, protecting the investor from near-term capital expenditures. • Closed-Cell Spray Foam Insulation — Upper envelope fully spray-foamed with closed-cell foam, dramatically reducing heating and cooling loads and improving structural rigidity. • Updated Interior — Original walls resurfaced with new drywall during the 2023 renovation. Fresh, well-maintained interior throughout. The listing agent is the owner. We have owned this property since 2022. There are no outstanding maintenance items. This is cheaper than a Single Family Home, with so much less to take care of.