10099 Franklin Rd, Potosi, MO 63664

$450,000
2
BD
1
BA
1,080
SqFt

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List Price
$450,000
Status
ACTIVE
Days on Market
371
MLS#
25072330
Subtype
Residential
Style
Ranch
Year Built
1954
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
1,080
Lot Size
189,921
Acres
4.36
Subdivision
n/a
Neighborhood
n/a
MLS Area Major
Potosi

Property Description

Discover exceptional potential in the heart of Potosi. This charming 2 bedroom, 1 bathroom home (plus a bonus room) built in 1954 boast approximately 1,080 sq ft with a partial basement and sits on 4.36 acres. While many original features remain, this home has great bones and is an ideal canvas for modernization or redevelopment. Located within city limits, the property currently uses septic and well but comes with the option to connect to public water/sewer, maximizing flexibility for future use. Positioned directly adjacent to a major heath care center, down the road from the hospital, Walmart Supercenter and senior housing, this site already benefits from strong neighborhood amenities and built-in market demand. In addition, what truly sets this offering apart is its commercial and redevelopment potential: imagine converted condos, apartments, small businesses, additional senior living units, medical offices or mixed-use housing with the acreage giving you additional space to expand. Plus, while not yet complete, regional transportation and highway improvements are being actively planned in this region of MO, which could increase traffic flow and accessibility through Potosi and further elevate value! We are an Enhanced Enterprise Zone with an IDA Department that focuses on several grants and incentives, tax benefits and financial assistance for job producing companies that come to our area. This is a rare opportunity to invest today in a property poised for tomorrow. Potosi also boast an industrial park, a recent expansion of Purcell Tire and a recent Community Development Block Grant. A solid home, flexible utility connections, strong location next to key services, and acreage in a market where infrastructure growth is on the horizon. Whether you are a savvy developer, investor, or homeowner looking for room to grow, this property is uniquely positioned for both owner-occupier with long-erm growth or an investor/developer seeking additional value. Act now while the possibilities are still wide open. Contact me today for a tour and to discuss how this property can align with your vision. Don't miss this one-of-a-kind site!

Additional Information

Exterior Features
Storage
Taxes
$294
Property Description
Ranch
Flooring
Carpet, Vinyl
Appliances
Dishwasher, Electric Oven
Heating
Propane
Air Conditioning
Central Air
Levels
One
Roof
Architectural
Foundation
Concrete Perimeter
Parking Features
Additional Parking, Carport, Detached, Driveway
School District
Potosi R-III
Elementary School
Potosi Elem.
Middle School
John A. Evans Middle
High School
Potosi High

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Listing courtesy of ReeceNichols Real Estate.

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