Current Use by Public Records
- Retail properties & Spaces
Property Details for 241 Main St
- Year built
- 1924
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional 5,136 square foot office building, located at 241 East Main Street in Festus, Missouri, presents a unique investment opportunity. Originally the Farmers & Merchants Bank Building, this historic two-story structure boasts a prime corner location at Main and Mill Streets, surrounded by thriving restaurants, salons, and retail shops. The building features approximately 2,568 square feet on each level, offering versatile space adaptable to various uses. The main level showcases 9-foot ceilings, a preserved period storefront, period ceilings, and a fully sprinklered system. Currently configured as office space, it could easily be converted to suit other needs. The second floor provides ample office space, including a large meeting room. Built around 1924 and recently renovated, this property sits on a 3,602 square foot lot and is zoned CT1. The asking price is $299,900, with an estimated occupancy date of March 31, 2025. This property offers convenient access from both Main and Mill Streets, making it an ideal location for a variety of businesses. The building's historic charm combined with its modern amenities and strategic location makes it a truly remarkable investment prospect.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Festus
- County
- Jefferson
- State
- Missouri
- Longitude
- -90.3929
- Latitude
- 38.22
