Property Details for 203 1St St

Year built

1950

Lot size

0.38 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, situated at 203 First Street in Kennett, Missouri, presents a unique investment opportunity. Located on the historic Kennett Square, this prominent building boasts over 16,000 square feet spread across two stories. Its rich history includes a long tenure as the home of the Delta Dunklin Democrat newspaper, adding significant character and potential for adaptive reuse. The 0.38-acre lot ensures ample space, while the building's prime location on the square guarantees high visibility and foot traffic. Currently generating income from long-term tenants, this property offers immediate cash flow potential. The seller is open to considering both lease and purchase offers, making this an attractive proposition for investors seeking a stable return or entrepreneurs envisioning a unique business venture. The building's substantial size and central location within a bustling commercial area make it ideal for a variety of uses, from retail and office space to creative studios or mixed-use developments. This is a rare chance to acquire a piece of Kennett's history and capitalize on its vibrant commercial landscape. Don't miss this opportunity to own a landmark property with significant upside potential.

Location Insight

City

Kennett

County

Dunklin

State

Missouri

Longitude

-90.0554

Latitude

36.2364