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Listed by Julie Tobin • Shirleys Realty
$400,000
Est. payment /mo
3,049 Sqft Lot
Active Under Contract
218 N Main ST Maryville, MO 64468
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Mike Grbic
mikegrbicbroker@chime.meUPDATED:
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
Acres 0.06999541
Property Sub-Type Other
Source hmls
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
Interior
Fireplace N
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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Mike Grbic