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203 South Main

Monroe City, MO 63456
  • $569,900
  • STATUS: Active
  • ON SITE: 104 Days
  • ID#: 21058184
Price Reduced
UPDATED: 50 min ago
$569,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,608
    SQFT
  • $75
    $/SQFT
Type:
Commercial
Built:
1917
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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 with on site manager. Increase 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. Attached documents tell the history. Duplicate listing of 21058540

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Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-11-30T08:38:59.57.

Clarity Street Realty: 314-963-7300
www.claritystreetrealty.com/homes/120566530
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203 South Main Monroe City, MO 63456

  • Price: $569,900
  • Status: Active
  • On Site: 104 Days
  • Updated: 50 min ago
  • ID#: 21058184
0
Beds
0
Baths
0
½ Baths
0.1
Acres
7,608
SQFT
$75
$/SQFT
1917
Built
County:
Monroe
Area:
Monroe City R-1
Elementary School:
Monroe City Elem.
Middle School:
Monroe City Middle
High School:
Monroe City R-I High
School District:
Monroe City R-I
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 with on site manager. Increase 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. Attached documents tell the history. Duplicate listing of 21058540
Exterior Features

Attached Garage YN No Construction Materials Brick Lot Size Dimensions Irr. Lot Size Source County Records Parking Features On StreetParking Lot

Interior Features

Above Grade Finished Area Source Public Records Cooling ElectricZoned Heat Source Electric Heating Forced Air Heating YN Yes

Property Features

Association Mark Twain Association Of Realtors Association Fee 0 Association Fee Frequency None Cable Available Yes Disclosures UnknownSellers Discl. Avail Inclusions Building & Land Lease Term Leases Location Corner LocationDowntown Net Operating Income 0 Possession Close Of Escrow Property Condition None Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment ComplexOther Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 834 Tax Year 2021 Tenant Pays All Utilities Transaction Type Sale Two Bed Units 2 Water Source Public

Listing provided courtesy of Ravenscraft Realty. Listing information © 2021 Mid America Regional Information Systems, Inc.
Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-11-30T08:38:59.57.

Clarity Street Realty: 314-963-7300
 
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Clarity Street Realty
1712 S. Big Bend Blvd
St. Louis MO, 63117