218 N Main ST

Maryville,MO 64468

$ 400000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 2528579

Annual Tax Amount $1,238

Lot Size 3,049 Sqft

Property Sub-Type Other

Property Description

A cap rate of 12.9 is all you need to read! Calling all investors and aspiring entrepreneurs! Here's an extraordinary chance situated in the heart of Nodaway County! Commercial Main Street building with leased business space of 2640 sq ft But wait, there's more! Two newly completed fully furnished short term rentals above that have impressive rental history and return! Presently this property boasts an excellent income with an 12.9 cap rate return with room to grow! Every inch of this property has undergone a comprehensive renovation with no expense spared, right from the top down to the furniture. It's being sold with the short term rental fully furnished, making it a turnkey investment. Picture this: a consistent income stream from Airbnb rentals and the added prospect of additional income from the space below. Thanks to its General Commercial zoning, a wide array of business opportunities are at your fingertips. Located in the ideal spot, walking distance to the downtown restaurants, bars and shops and not far to attend university games it is located on one of the main intersections of the center of downtown. Whether you're an experienced investor or just embarking on your real estate journey, this opportunity is too good to pass up! Secure your piece of the flourishing Maryville market today. Act fast, as opportunities like this are a rare find and tend to vanish swiftly!

Location

State MO

County Nodaway

Zoning C-2

Exterior

Utilities Available Electricity Available,Natural Gas Available,Water Available

Building

Story 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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