203 S Main, Monroe City, MO 63456

Property Description

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 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 Twain Lake traffic only adds to the appeal of this property. The end unit would be perfect for a restaurant and an unfinished area that could serve as the kitchen area. Location: City, Corner Location, Downtown, High Traffic