Looking for a great cash flowing income? Completely updated and impeccably maintained, this property has 2 large retail spaces on the main level being leased for a combined $2,000/month. The 3,800 sq ft upstairs loft is being used as a nightly rental which produced approx $30,000 in revenue in 2023. Additionally there is a 1,500 sq ft Quonset hut (not included in the square footage) which rents for $300/month plus a small office that has potential for another $300/month. Total revenue in 2023 exceeded $60,000!!The loft space comes fully furnished (with the exception of the armoire in first bedroom to the left and all hanging wall art and photographs) and has 4 large bedrooms with 8 total beds, 3 bathrooms and 3 living spaces making it great for large groups/families. Complete with backyard firepit!Both large retail spaces are fully leased. Quonset hut has been disconnected from power and is currently being rented as a storage unit for $300/month. Main building contains a small 200 sq ft basement with dirt floor, security fencing, newer rubber roof, HVAC, heat pump, plumbing, electrical, windows, floor coverings etc. etc. Recently paved lot accommodates off road parking for 5 plus vehicles. Plenty of land available to make a nice outdoor courtyard or increase parking capacity or whatever you can dream up.Not interested in doing nightly rental? This property would also be great for business owner/operator who wants to live where you work! Sold as is.
Associated Fees
Taxes
Real Estate Tax
$4,326.00
Tax Year
2023
Tax I.D.
88-13-11-225-016
Tax Provided By
Assessor Records
Building Information
Property Info
Class Type
Retail
County
Greene
Subdivision
Campbell's Woodland
Sign On Property
No
Township
29n
Waterfront View
None
Lake River
None
Building Info
Year Built
1912
Roof
Rubber
business Type
Apartments, Office, Retail
Garage/Parking
Parking Type
6-10 Spaces, Parking Area, Paved, Private Drive
Construction & Utilities
Lot Info
Acres
0.49
Land Status
Land Included
Utilities / HVAC
Utilities Available
Electric, Gas, High Speed Internet Access, Public Sewer, Public Water
Cooling
Ceiling Fan, Central
Heating
Forced Air
Additional Information
Special Info
Back on Market
No
Foreclosure
No
Status
Active
Section
11
Inside City Limits
Yes
Historical District
No
Cross Street
Atlantic/Broadway
Zoning
Lim Business
Misc Info
Listing Date
2024-03-23 07:40:57
Listing Change
2024-07-09 15:08:02
Photo Count
54
Photo Date
2024-03-23 03:01:04
Lat
37.233627
Lon
-93.302559
Misc Features
Section
11
Range
22w
Unit Info
Units
5
Financial Details
Financial
Asking Price
$470,000
Transaction Type
Sale
Rooms Information
Property Info
Sqft
7,600
List Price Per Sqft
$62
Retail Space Sqft
3,800
Office Space Sqft
0
Bathrooms
Total Baths
5
Directions
North on Kansas Expressway from Chestnut, East on Atlantic Street (first light past the viaduct), to property on the left. Corner of Broadway and Atlantic Street
The MLS Data on this Real Estate Website was last updated on 09-21-2024 10:55 PM EST . Any MLS images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. This real estate website and IDX data is hosted by Dynamic IDX, LLC
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