3 Photos

$459,000

1931 Kingshighway Street

Unknown, Cape Girardeau, Missouri, 63701

MLS® 26055226 · Listed by Century 21 Ashland Realty

0 bedrooms1000.00 sqftCommercial Sale1 day on marketBuilt 1930Lot 34848.00$1,832 taxes (2025)Electricity Available

About this property

PRIME COMMERCIAL OPPORTUNITY 1931 N. Kingshighway | Cape Girardeau, Missouri Excellent opportunity to own commercial property along one of Cape Girardeau’s most established and highly traveled business corridors. This .74-acre +/- property, totaling approximately 32,400 square feet, offers excellent visibility, convenient access and C-2 Highway Commercial zoning, allowing for a variety of potential business and investment uses. The existing building has been opened up to provide a flexible interior ready for renovation, repurposing or redevelopment. The property is well suited for an owner-user, investor or developer looking for a location with strong commercial potential. Surrounded by established retailers, restaurants, service businesses and major employers, this North Kingshighway location benefits from consistent traffic and easy access to Interstate 55, downtown Cape Girardeau and surrounding retail areas. Property Highlights • .74 Acres +/- • Approximately 32,400 SF site • C-2 Highway Commercial zoning • High-visibility Kingshighway frontage • Flexible existing structure • Excellent signage potential • Convenient access to I-55 and major business districts • Ideal for business use, investment or redevelopment A highly visible commercial property with the location, zoning and flexibility to create your next opportunity.

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MLS® data for this listing last updated Aug 27, 2026.

Market snapshot

The Unknown, Cape Girardeau market

Closed sales in Unknown, Cape Girardeau over the last 12 months.

$183,150

Median sold price

65

Avg. days on market

18

Homes sold

Median sold price by month

Median sold price trend from Aug 2025 ($4,465,000) to Jun 2026 ($227,450)Aug 2025Jun 2026