107 N Main St Kennett, MO 63857

Property Details for 107 N Main St

Property size

5,659 SF

Property type

Commercial real estate

Description

This unique commercial property located at 107 N Main Street, Kennett, Missouri, 63857, is offered at $275,000. The 5,659 square foot building presents a compelling investment opportunity due to its versatile layout and multiple income streams. The ground floor offers ample space ideal for retail or office use, providing significant potential for lease income. Above, the second floor comprises seven rooms currently configured as apartments, sharing a common kitchen and laundry area. This established rental component contributes to a steady revenue stream. Adding to the property's income-generating potential is a separate apartment building situated at the rear of the main structure. This additional residential unit further enhances the overall return on investment. The property's location in Kennett, Missouri, within Dunklin County, offers convenient access to local amenities and a strong potential customer base. This mixed-use property is a rare find, offering a blend of commercial and residential space with significant upside for a savvy investor. The property is situated on a sizable lot, providing ample space for potential expansion or future development. This is an exceptional opportunity to acquire a multi-faceted property with proven income generation and significant growth potential.