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$ 349,000
Est. payment /mo
Active
203 South Main Monroe City, MO 63456
7,608 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active
Purchase Type For Sale
Square Footage 7,608 sqft
Price per Sqft $45
MLS Listing ID MAR24050809
Year Built 1917
Annual Tax Amount $2,508
Lot Size 4,574 Sqft
Acres 0.105
Lot Dimensions irr.
Property Sub-Type Commercial & Indr.
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
State MO
County Monroe
Area Monroe City R-1
Zoning commercial
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Water Available, Phone Available
View Y/N No
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Others
Special Listing Condition None
Listed by Hannibal Realty LLC
