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Commercial Property
Missouri Real Estate
This page last updated
06/25/2010. Please
scroll down to view Commercial Property listings!
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#13535 Carrollton, MO
$102,000
9 Unit Apartment Complex, Cash Flowing!
This building, built in 1957,
still has a good occupancy rate and is cash flowing. It totals 5096 sq
ft, so do the math...it's priced at only $20 per square foot...and could
be a very good investment for someone who has a good aptitude for
operating a business.
Seven of the nine apartments
have one bedroom, living room and kitchen, gas furnaces and the tenants
bring their own window air conditioners. The eighth unit is similar but
has a formal dining room and central air. The ninth unit is similar but
is a studio apartment with a sofa bed in the living room and has a
separate kitchen and bath. The building has a U-shape design with a
common courtyard in front, and with each unit having front and rear
doors. Those tenants having vehicles find private parking in the rear or
street parking along one side.
Each unit has working kitchen
appliances included. Some have newer carpeting than the others. The
majority of the units have been Section 8 approved. (what that means to
the investor is a more secure cash flow because a minimum of 1 year
lease is required for those renters and some of the rent is subsidized).
The building has a spacious mechanical room that would be a great place
to install a coin operated laundry room for the renters, making the cash
flow potentially larger. There is also a storage room that could
double as a maintenance shop.
There is a vacant lot, 100x100
behind this structure that could also be purchased separately as an
option, if you wish.
Call us now to learn how much
the rents are, and how much money this opportunity you could net you
each month!
You may phone us at
660-542-2300 or you may reach the broker after hours at (660)593-3804. We
will be thrilled to show you
this property!
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#14246 Carrollton, MO
$100,000
Downtown Carrollton: Has
Possibilities
This very unique building
could have many uses. The main floor has 2,457 sq ft, and also has a
mezzanine level with an additional 400 sq ft. The retail space on the main floor
has a gorgeous ornate tin ceiling, as pictured in a close-up view, below,
which adds to the attractiveness of the retail space. The back part
of the main floor has storage rooms and a merchandise staging area. It was most recently used as a
sandwich deli and coffee shop, but could also suffice for other types of
retail space. The main floor is equipped with a Kinetico Water
Purification System, which puts out very good tasting water and ice!
There are two large picture windows with display space for showing
samples of your merchandise. The building had a new roof installed
in March of 2006 and the balance of the 20 year materials warranty
remains. One wall of this space has a very nice country style wall
mural, as shown here.
The basement has two separate
entrances and could be used for one or two businesses, or as additional
space to the main floor business. One area in the basement has high
ceilings and would make a good place for a small retail shop or offices.
The remainder of the basement area is rather large and it, too, would
make a good place for a retail shop or for office spaces.
The second story once housed
apartments, and could be refurbished for residential use or for business
purpose. It has it's own separate entrances. It might
even be a good place for the owner to live, making the trip to work
extra convenient! This level has very pretty windows, arched at the top.
The exterior walls are brick so just imagine the combination of brick
walls with arched windows!
If you purchase the building,
you may also have the option to purchase all the free-standing
(unattached) equipment for an additional $18,000. Be sure to ask
about the equipment if you are interested. If you plan to use the
building for food service, it might benefit you to purchase the
equipment. Broker has a list of the equipment.
You may phone us at
660-542-2300 or you may reach the broker after hours at (660)593-3804. We
will be thrilled to show you
this property!
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