203 South Main Active Save Request In-Person Tour Request Virtual Tour
Monroe City,MO 63456
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,608 sqft
Price per Sqft $43
MLS Listing ID 24050809
Year Built 1917
Annual Tax Amount $2,508
Lot Size 4,574 Sqft
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
Exterior
Parking Features false
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 Other,Brick,Stone
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard