Commercial for Sale: 203 South Main, Monroe City, MO 63456

7,608 sqft
$349,000
$349,000
203 South Main, Monroe City, MO 63456
7,608 sqft
$349,000
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Price:
$349,000
$10,000 - 12/23/2024

Type Commercial
Square Footage 7,608 sqft
Lot Size 0.11 acres
Year Built 1917
Taxes Paid $2,508

City Monroe City
County Monroe
Subdivision n/a

MLS 24050809
Status Active
DOM 125 days
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, all but one are rented. South end of main level is rented to a business. Increased 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.

Lot & Building Features

Construction Conventional
Cooling Electric
Heating Forced Air
Parking Description None, Other
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions irr.

Price History of 203 South Main, Monroe City, MO

Date Name Price Difference
12/23/2024 Price Adjustment $349,000 2.79%
08/23/2024 Listing Price $359,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 203 South Main, Monroe City, MO

Location Map Street View
Photo of Alex Rankin
Alex Rankin
REALTOR®
Direct: 314-330-2663
Office
830 Waterbury Falls Dr # 201
O'Fallon, MO 63368
636-442-0214
Listed by Hannibal Realty LLC, Terry Sampson & Teree Haynes
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0.71862464183381%
6.75%
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203 South Main (MLS #24050809) is a commercial listing located in Monroe City, MO. This commercial listing is 7,608 sqft and on a lot of 4,574 sqft (or 0.11 acres) and is 107 years old. This property was listed on 08/23/2024 and has been priced for sale at $349,000.

Nearby zip codes are 63461. This property neighbors other cities such as Monroe and Palmyra.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Hannibal Realty LLC

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