← New analysisCompare properties →
ACTIVEsingle familyvia mls

103 S Main Street

Galena, MO, 65656

4 bd2 ba5,176 sqftBuilt 1900

Listing courtesy of ReeceNichols - Branson · (417) 335-5950 · MLS# SOM60310924

List price

$388,500

$75/sqft

Listing description
Historic Mercantile Store--- with residential penthouse living space located above the existing Tower House Studio located within the county seat city of Galena, MO. This is a corner building on the Town Square and there are separate entrances for the commercial lower-level space of the building and the upper-level residential area. This property is zoned Residential/Commercial. The 2,576 square feet lower-level studio and 2,600 square feet upper-level residential area (total 5,176 square ft) provide a great location for a new start business and residence in the mid-western rural town of Galena, Missouri. This historic building has four bedrooms (one with balcony), 2 living/family room spaces 2 baths, a library space, an upper-level kitchen, a huge lower-level studio space with 16 ft. height ceilings, storage room at the rear and an enclosed showroom space located at front of the studio at the front entrance. There is also a 23' x 16' unfinished basement with propane furnace, sump pump and air compressor. It would be ideal for a Bed and Breakfast or other retail business. This property has been reconditioned over the past fifteen years by the owner who is an internationally known artisan for sculptures and paintings. Electrical and plumbing for the entire building have all been redone, as well as ornate ceiling crown moldings, ceiling light fixtures, stairways, floors, doorways, cabinets and counters. Galena offers James River floating, fishing, and camping on one of the most tranquil waterways in the State. Other nearby amenities include the popular ''Flat Creek'' restaurant, Silver Dollar City, Branson, Lake Table Rock and Bass Pro's Big Cedar Lodge.
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$834

Cap rate

3.8%

Cash-on-cash

-12.9%

DSCR

0.60

Est. annual revenue$23,272
Property tax($3,885)
Insurance($1,554)
Utilities($0)
HOA($0)
Management($1,862)
Maintenance reserve($1,164)
Total operating expenses($8,464)
Net operating income$14,808
Down payment$77,700
Loan amount$310,800
Monthly payment (P&I)$2,067.76
Annual debt service($24,813)
Annual cash flow-$10,005

Numbers don't work?

Leave your email and we'll alert you if the price on this listing drops.

Ask about this property

Answers are grounded in local Branson knowledge — and will say when something needs to be confirmed with Sydney.

AI investment score

A 0–100 score with strengths, risks, and investor-fit — grounded in local Branson knowledge — runs on demand.

Email me this analysis

Get this analysis in your inbox — the numbers, plus a link back to tweak the assumptions any time.

We'll only use your email to send this report and follow up about Branson investing. No spam.

Talk to a Branson STR expert

Sydney Shepherd can confirm subdivision rules, HOA restrictions, and realistic revenue for this property.

Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.

IDX & copyright information