401 2Nd St Steele, MO 63877
- Specialty properties
- 1,200 SF
- 0.16 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 401 2Nd St
- Lot size
- 0.16 lot acres
- Property size
- 1,200 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional investment opportunity in Cooter, Missouri, presents a 0.16-acre commercial land parcel at 401 2nd St, zip code 63877. The property encompasses a 1,200 square foot building currently configured as a thriving storage facility. The existing setup includes fourteen rental units, generating immediate passive income. Ten units measure 10x10 feet, while four units are 5x10 feet in size. This turnkey operation offers a significant advantage for investors seeking established revenue streams. The property's location in Cooter, Missouri, provides convenient access to local businesses and residents. The asking price for this income-producing asset is $49,000. This represents a compelling entry point into the commercial real estate market, ideal for both seasoned investors and those seeking to diversify their portfolios. The property's current tenant occupancy ensures a steady cash flow, minimizing vacancy risks and maximizing return on investment. This is a rare chance to acquire a well-established, profitable business in a desirable location. The property is zoned for commercial use and offers significant potential for future expansion or redevelopment. Serious inquiries are encouraged.
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
- Steele
- County
- Pemiscot
- State
- Missouri
- Longitude
- -89.8318
- Latitude
- 36.111
