30
See all 30 photos
$349,000
Est. payment /mo
7,608 SqFt
Active
203 South Main Monroe City, MO 63456
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,608 sqft
Price per Sqft $45
MLS Listing ID 24050809
Year Built 1917
Lot Size 4,574 Sqft
Acres 0.105
Lot Dimensions irr.
Property Sub-Type Retail
Property Description
Great investment property. This property is the old Farmers and Merchants bank building built in 1917. The property is a centerpiece of town and is on the National Register of Historic Places. The two-story structure is two stories consisting of 7 residential rental and potentially 3 commercial sites. The wedge-shaped, flatiron building has an impressive main entrance covered in glazed terracotta tile with a granite base. The building a two-part commercial clad in tapestry brick. Opportunities abound for income production for the 7 rental units, served by a common laundry, and the 3 commercial possibilities. There are 5 one-bedroom unit, and 2 two-bedroom units, all but one are rented. South end of main level is rented to a business. Increased Mark Twin Lake traffic only adds to the appeal of this property. One of the previous occupants used this as a saloon, and the end unit would be perfect for a restaurant and an unfinished area that could serve as the kitchen area. Location: City, Corner Location, Downtown, High Traffic
Location
State MO
County Monroe
Area 545 - Monroe City R-1
Interior
Heating Electric, Forced Air
Cooling Central Air, Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Cable Available, Electricity Available, Water Available, Phone Available
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick,Stone
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Hannibal Realty LLC