16 Photos

$189,000

401 M- North Busch Street

n/a, Mountain Grove, Missouri, 65711

MLS® 26023945 · Listed by RE/MAX Farm and Home

2 bedrooms2 bathroomsResidential0 days on marketBuilt 2020Lot 23522.40$558 taxes (2025)Electric · Electric

About this property

BUSINESS - INVESTMENT OPPORTUNITY!!!!!!!!!! Located on corner lot with easy access is where you will find this property with SO MUCH POTENTIAL! Currently used as a spa type business by a single individual, there is the opportunity for MULTIPLE tenants. Amish built in 2020 with quality and construction of this is solid. When you step inside the entry through the custom made door, you find a seating/lobby area with room for kitchenette and a beautiful bathroom to the side. On each side of the lobby area is a nice sized office/treatment room. Each room is connected to another area that is plumbed for shower and full bathroom. This could be a wonderful multi unit rental opportunity!! Possibilities of making a great office, spa, hair salon or retail location...and so much more. The option to convert this into partial living quarters/home is also an option for this quality multi-use building. Call today for an appointment to view !

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Estimated value

$192,997

Estimated range: $183,854 – $202,140 · 5% confidence

Estimated value by month

Estimated value trend from Oct 2025 ($172,602) to Sep 2026 ($192,997)Oct 2025Sep 2026

This is an automated estimate based on MLS® market data — not an appraisal or a substitute for professional advice.

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Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldJun 12, 2026

$197,900

Listed at $219,900

n/a, Winona, Missouri

2 bd · 2 ba · 1305.00 sqft · Residential

SoldAug 10, 2026

$181,000

Listed at $184,900

Jw Settles Add, Potosi, Missouri

2 bd · 2 ba · Residential

SoldJun 13, 2026

$184,900

Listed at $184,900

Lost Creek, Wappapello, Missouri

2 bd · 2 ba · 1488.00 sqft · Residential

MLS® data for this listing last updated Apr 20, 2026.

Market snapshot

The n/a, Mountain Grove market

Closed sales in n/a, Mountain Grove over the last 12 months.

$225,000

Median sold price

36

Avg. days on market

27

Homes sold

Median sold price by month

Median sold price trend from Sep 2025 ($336,000) to Aug 2026 ($207,500)Sep 2025Aug 2026