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$ 579,900
Est. payment /mo
Active
208 E Main Street Neosho, MO 64850
5 Baths
7,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $82
MLS Listing ID 263247
Annual Tax Amount $3,452
Tax Year 3452
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Commercial
Source Ozark Gateway Association of REALTORS®
Land Area 7000
Property Description
Prime corner mixed-use building in Historic Downtown Neosho featuring approximately 7,000 square feet of total space. Current income-producing property generating approximately $34,500 annually (5.95% gross return at asking price). With full utilization of the upscale residential unit (because owner currently resides in the space) and additional 500 sf available lower-level space, the property offers potential annual income of approximately $68,100, representing an estimated 11.74% gross return.
The property includes an upscale; 3-bedroom, 2.5-bath residence of approximately 3,500 square feet, professionally renovated office space completed in 2022, basement storage, and a one-car garage. Office layout includes reception area, conference space, two private offices, kitchen, break room, and restroom. Exposed brick walls and historic character blend seamlessly with modern updates. An additional 500 sf on main level with private street access, great for business office, nightly rental or retail space. An exceptional opportunity for owner-users, investors, or professionals seeking a live-work environment in a highly visible downtown location. Photos of interior residence on upper level available upon request.
The property includes an upscale; 3-bedroom, 2.5-bath residence of approximately 3,500 square feet, professionally renovated office space completed in 2022, basement storage, and a one-car garage. Office layout includes reception area, conference space, two private offices, kitchen, break room, and restroom. Exposed brick walls and historic character blend seamlessly with modern updates. An additional 500 sf on main level with private street access, great for business office, nightly rental or retail space. An exceptional opportunity for owner-users, investors, or professionals seeking a live-work environment in a highly visible downtown location. Photos of interior residence on upper level available upon request.
Location
State MO
County Newton
Direction Neosho downtown square Building at the corner of Washington and Main Street
Rooms
Basement Unfinished
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Carpet, Ceramic, Laminate
Exterior
Fence None
View Y/N No
Roof Type Rolled/Hot Mop
Listed by KELLER WILLIAMS REALTY ELEVATE