21&22 Ct Sq Alton, MO 65606
- Retail properties
- 3,001 SF
- 0.18 lot acres
Current Use by Public Records
- Retail properties
Property Details for 21&22 Ct Sq
- Year built
- 1910
- Lot size
- 0.18 lot acres
- Property size
- 3,001 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents two adjoining retail units located in the heart of Alton, Missouri, directly across from the Oregon County courthouse. The property boasts a combined 3,001 square feet situated on a 0.18-acre lot. Unit #21, spanning 1,426 square feet, underwent a complete renovation in 2022. This includes a new 200-amp electrical service, a modern bathroom, a durable new EPDM rubber roof, and efficient mini-split heating and air conditioning. Currently leased and generating income, this unit is move-in ready. Unit #22, measuring 1,575 square feet, also received significant upgrades in 2022, featuring new window air conditioning and heating units, freshly painted concrete floors, and sheetrock walls. While the bathroom has undergone partial upgrades, the unit is ready for immediate occupancy. Both units have historically served as retail spaces, but their versatile layouts offer a wide range of possibilities, including office space, cafes, bakeries, or coffee shops. The prime downtown location and strong potential for rental income make this a compelling investment opportunity with significant upside. The property is priced at $99,900, offering a rare chance to acquire a well-maintained, income-producing property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Oregon
- State
- Missouri
- Longitude
- -91.3981
- Latitude
- 36.6948
