Dollar General

For Sale

685 U.S. 61, New Madrid, MO 63869

This New Madrid property for sale is located at 685 U.S. 61. The current listed sale price for Dollar General is $753,300.

Contacts

broker
Grant Kallevig

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,014 SF
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Date Updated Jul 1, 2025
Nestled in the historic town of New Madrid, the location offers a unique blend of small-town charm and convenience. A short drive from the Mighty Mississippi River, downtown New Madrid is rich in heritage and features a variety of local shops, restaurants, and cultural attractions. The area's picturesque setting provides a serene and inviting environment for businesses, while the nearby Higgerson School Historic Site and Hunter-Dawson State Historic Site offer opportunities for leisure and learning. With its blend of history and modern amenities, the area surrounding the property is an ideal setting for professionals seeking a distinctive office space in a vibrant community. New Madrid is the county seat of New Madrid County. The city is located 42 miles southwest of Cairo, Illinois, and north of an exclave of Fulton County, Kentucky, across the Mississippi River. Today, New Madrid offers a blend of quiet, small-town charm and historical intrigue. Visitors can explore the New Madrid Historical Museum, stroll along the scenic riverwalk, or learn about the area's pivotal role in Civil War river operations. Surrounded by rich farmland and wetlands, the city also serves as a gateway for birdwatching, fishing, and other outdoor pursuits in the Mississippi River floodplain. Despite its modest size, New Madrid is a place where nature, history, and science intersect—making it a compelling stop for travelers and researchers alike.sale
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Highlights

  • 3,787 daily traffic counts along US Hwy 61, the famous "Blues Highway" which runs from Minnesota to New Orleans
  • Dollar General pays directly to vendors for insurance, and reimburse for real estate taxes. DG pays a monthly CAM stipend and reimburses actual expenses for any snow removal
  • Long term occupancy since 2005
  • Major employers in the area include Assoc. Electric Co-op, Local Government, Nursing and General Healthcare Providers, Rice and Grain production, and Magnitude 7 Metals Aluminum production
  • New HVAC 2020
  • New Madrid is the county seat of New Madrid County
  • Prototypical Dollar General building, built to suit
  • Tenant extended for 3 years Dec 2024
  • Well maintained concrete parking lot

Getting around

  • 30/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City New Madrid, MO
  • Zip Code 63869

Points of Interest

  • Casey's

    0.37 miles

  • Casey's General Store

    4.24 miles

  • Mobil

    5.45 miles

  • ONE9

    6.00 miles

  • Truck Parking

    4.69 miles

  • Pro Pizza

    0.06 miles

  • Pizza Hut

    0.11 miles

  • Subway

    0.14 miles

  • Johnson's

    0.80 miles

  • Freeze Queen

    4.13 miles

  • Dave's Bestway

    3.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Grant Kallevig

Encore Real Estate Investment Services

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