Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    213 Hill St Hannibal, MO 63401

    Sponsored
    For Sale
    Under Contract
    $114,900

    Retail - Hannibal, MO

    Type:Retail
    Property size:
    890 SF
    Lot size:
    0.05 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 27 at 8:06 am

    Property Features for 213 Hill St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active Under Contract
    APN
    010.08.28.2.12.003.000
    Size
    890 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1860
    Flooring type
    Wood
    Building materials
    Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Jacki Thurman
    Jacki Thurman

    Gary Broughton Realty Inc d/b/a CENTURY 21 Broughton Team (573) 221-8030

    Listing agent Jacki Thurman (573) 221-8030 License #2006010514

    Listing date Jan 22, 2026

    MLS# 25080436 Listing URL

    Copyright © 2026 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic District Retail Opportunity

    Located in the heart of the Mark Twain Historic District, this 890-square-foot retail building benefits from strong foot traffic and street parking. The property includes a bathroom with a separate sink in the storage area, along with a new water heater. Recent upgrades in 2023 include a replaced roof and new front and side window awnings. A side yard provides parking space for two vehicles, offering convenient off-street access, especially during festivals when street parking and the municipal lot are full. The property is situated across the street from the Mark Twain Boyhood Home and the original Mark Twain Museum. Adjacent to the building is the Becky Thatcher House. The Clemens Law Office and Grant's Drug Store, where Mark Twain and his family once lived, are also located along the same block. These landmarks are all part of the Mark Twain Museum complex experience. The lot size is 0.053 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Gibney-Sims Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Hannibal
    County
    Marion
    State
    Missouri
    Longitude
    -91.357959
    Latitude
    39.711646

    Nearby Similar for Sale

    • $2,400,000
      9,021 SF

      Historic Landmark Estate and Venue

      Victorian estate with ties to Mark Twain on 36 acres.
      11069 New London Gravel Rd, Hannibal, MO 63401
      View Details
    • $1,750,000
      24,030 SF

      Versatile Building in Hannibal, MO

      24,030 SF building with flexible space and ample parking.
      3201 Palmyra Rd, Hannibal, MO 63401
      View Details
    • $1,850,000
      14,638 SF

      Remodeled Building in Downtown Hannibal

      Renovated building with Airbnb units and bar areas.
      408 N Main St, Hannibal, MO 63401
      View Details
    • New
      $245,000
      2,590 SF

      Historic Prairie-Style Office/Residence Opportunity

      Historic 2,590 SF Prairie-style home with office potential in Hannibal, MO.
      1001 Center St, Hannibal, MO 63401
      View Details
    • $309,000
      8,170 SF

      Hannibal Commercial Building on St. Mary's

      Well-maintained commercial building with office/retail space and ample parking.
      2903 Saint Marys Ave, Hannibal, MO 63401
      View Details
    • $305,000
      6,216 SF

      Historic Downtown Hannibal Retail Building

      Retail building in historic downtown Hannibal, Missouri with recent renovations.
      221 N Main St, Hannibal, MO 63401
      View Details
    • $269,000
      11,592 SF

      Downtown Hannibal Commercial Building For Sale

      Three-story commercial building in downtown Hannibal with immediate income potential.
      302-304 Broadway, Hannibal, MO 63401
      View Details
    • $599,000
      4,336 SF

      Updated Commercial Building with Billboard

      High-visibility commercial building with income potential in Hannibal, Missouri.
      1329 Broadway, Hannibal, MO 63401
      View Details
    • $875,000
      40,000 SF

      Hannibal Manufacturing/Warehouse Opportunity

      Industrial building suitable for manufacturing or warehousing with expansion potential.
      2250 Warren Barrett Dr, Hannibal, MO 63401
      View Details
    • $354,000
      2,503 SF

      Turn-Key Bar & Grill Opportunity

      Profitable bar and grill with apartment and outdoor entertainment.
      712 Broadway, Hannibal, MO 63401
      View Details
    • $154,000
      2,556 SF

      Downtown Hannibal Retail Opportunity

      Retail space near Mark Twain's Boyhood Home in downtown Hannibal.
      319 N Main St, Hannibal, MO 63401
      View Details
    • New
      $78,000
      2,116 SF

      Hannibal Duplex with Updated Units

      Downtown Hannibal duplex featuring updated units and separate utilities.
      120 N 7Th St, Hannibal, MO 63401
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail space in the heart of the Mark Twain Historic District.
    Where is this storefront property located?
    The property is located at 213 Hill St Hannibal, MO.
    What is the asking price?
    The asking price for this property is $114,900.
    What are key features of this property?
    This property features: - Prime location in the heart of the Mark Twain Historic District, directly across from the Mark Twain Boyhood Home and Museum, and next to the Becky Thatcher House.; - Includes off-street parking for 2 vehicles, providing convenient access during festivals.; - Recent upgrades include a new roof and replaced front and side window awnings in 2023.
    (573) 406-7940
    Request Owner's contact information
    213 Hill St Hannibal, MO 63401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    213 Hill St
    Hannibal, MO 63401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    213 Hill St Hannibal, MO 63401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jacki Thurman
    Jacki Thurman
    Real Estate License ID: 2006010514
    (573) 406-7940
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.