203 South Main, Monroe City, MO 63456

$569,900
List Price
$569,900
Price Change
▼ $5,099 1637796826
Days on Market
164
MLS#
MAR21058184
Status
ACTIVE
Lot Size
4,574
Sq. Ft. Above
7,608
Acres
0.105
Subdivision
none
Municipality
Monroe City
School District
Monroe City R-I
County
Monroe
Year Built
1917
Listing Type
Commercial

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

Additional Information

Elementary School
Monroe City Elem.
Jr. High School
Monroe City Middle
Sr. High School
Monroe City R-I High
Association Fee
0
Construction
Brick
Parking Description
On Street, Parking Lot
Lot Dimensions
Irr.
Cooling
Electric, Zoned
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Electric
Price Per Sq. Ft
74.91
Taxes Paid
834
Selling Terms
Cash Only, Conventional

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Listing courtesy of Ravenscraft Realty.

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