Listing provided courtesy of RE/MAX PlatinumMLS# 25074835MLS Provider
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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.

Source: Missouri - MARIS MLS, MLS#: 25074835

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  • Property Type
    Commercial Sale
  • Lot
    0.79 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 1931 N Kingshighway Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/18/2026Source: Missouri - MARIS MLS Price Reduction
$460,000 -23.3%
1/14/2026Source: Missouri - MARIS MLS Price Increase
$599,900 100.0%
11/11/2025Source: Missouri - MARIS MLS Added to Database
November 11, 2025