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.
Lot & Building Features
Lot Dimensions:Irr. wedge 150x50 ft
Price History of 203 South Main, Monroe City, MO
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1000 Schnucks Woodsmilll Plz Town and Country, MO 63017 636-394-2424
Listed by Ravenscraft Realty, Terry Sampson
Principal & Interest
Monthly Home Ins.
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Listing information courtesy of: Ravenscraft Realty
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