705 Mount Vernon Blvd Mount Vernon, MO 65712

This exceptional commercial property, located at 705 E Mt Vernon Blvd, Mount Vernon, MO 65712, presents a lucrative investment opportunity. The 0.9-acre lot houses a single-story, 1997-built structure encompassing 56 self-storage units. The property boasts a highly visible location, easily accessible from I-44 and Mt Vernon Blvd, ensuring high traffic and exposure. Currently zoned for commercial use (APN: 099031004001005001), this property offers significant upside potential due to below-market rents and a 50% vacancy rate. The asking price is $250,000, translating to approximately $4,464.29 per unit. This presents a unique chance to acquire a well-situated commercial property with immediate income generation potential and significant room for rental rate increases. The property's strategic location near I-44 provides excellent visibility and accessibility, making it an ideal investment for both seasoned and new investors seeking a strong return on investment. The existing structure, built in 1997, provides a solid foundation for immediate revenue generation and future expansion. This is a rare opportunity to capitalize on a prime commercial location with substantial growth potential.