Address
203 South Main Monroe City, MO
Price
$ 569,900
Property Attributes
  • MLS#21058540
  • TypeCommercial
  • CountyMONROE
  • CityMonroe City
  • AreaMonroe City R-1
  • Zip63456
  • StyleRestaurant,Office,Residential
  • Year Built1917
  • Taxes$ 834
  • Price$ 569,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7608
  • Lot Size4,574 SqFt
Listing Provided Courtesy Of:
Ravenscraft Realty
Data Source:
Mid America Regional Information Systems (MARIS)
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, one of which is occupied by the 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.

Price History
8/17/2021 Listed $574,999
11/24/2021 1% - $569,900

General Features

Attached Garage No
City Monroe City
Construction Materials Other
Cooling Electric
County Monroe
Current Use Two Stories, Apartment, Medical/Dental, Professional/Office, Residential
Days on Market 148
Directions Main Street/Highway 24 in downtown Monroe City
Disclosures Unknown, Sellers Discl. Avail
Electric 220 Volts
Heating Forced Air
Lot Size Square Feet 4574
MLS Area Monroe City R-1
Possession Close Of Escrow
Possible Use Restaurant, Office, Residential
Property SubType Commercial & Indr.
Property Type Commercial Sale
Roof Flat
Sewer Public Sewer
Showing Instructions Call Listing Agent, Call Listing Office
Standard Status Active
Street Name South Main
Subdivision Name none
Tax Annual Amount 834
Tax Year 2021
Township Monroe City
Utilities Cable Available, Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available
Year Built 1917
Zoning commercial

Interior Features

Above Grade Finished Area 7608
Above Grade Finished Area Source Public Records
Heating Y/N Yes

Exterior Features

Inclusions Building & Land
Lot Dimensions Irr. wedge 150x50
Lot Size Acres 0.105
Lot Size Source County Records
Parking Features Other
Road Frontage Type City Street
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 63456

Price
AVG $460K
$570K
Taxes
AVG $3,152
$834
Visits
AVG 13
16
Year Built
AVG 1954
1917

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