Current Use by Public Records
- Commercial real estate
Property Details for 206 Mo - 21
- Lot size
- 2.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property in the charming Village of Caledonia, Missouri presents a unique investment opportunity. Situated on a two-acre lot with over 100 feet of Highway 21 frontage, this property boasts significant visibility and accessibility. The main building, formerly a restaurant, measures 40 feet by 80 feet and features clear span trusses, offering remarkable versatility for a wide range of commercial uses. The adaptable space allows for customization to suit various business needs. In addition to the main building, the property includes six residential rental units: four two-bedroom units and two one-bedroom units, providing a substantial supplemental income stream. Caledonia's growing popularity as a tourist destination, with its historic charm, nearby attractions, craft fairs, festivals, and recreational opportunities, ensures a strong potential for both commercial and residential occupancy. This property offers a rare blend of commercial and residential income potential in a highly desirable location. The combination of the spacious commercial building and the income-generating rental units makes this a truly unique and lucrative investment opportunity. Don't miss this chance to own a piece of Caledonia's vibrant future. The property's prime location and versatile design make it an ideal investment for both seasoned investors and those seeking a unique commercial venture.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caledonia
- County
- Washington
- State
- Missouri
- Longitude
- -90.7728
- Latitude
- 37.7675
