118 120th Madison, Aurora, MO 65605

This exceptional 7,100 square foot commercial property in Aurora, Missouri, presents a unique investment opportunity. Located on a 0.12-acre lot at 118-120 Madison, this historic property, built in 1919, offers versatile space across two buildings. Currently featuring four beautifully furnished one-bedroom apartments, ideal for short-term rentals (like Airbnb) or long-term residential leasing, each apartment includes a large walk-in shower and a Jacuzzi. The property's expansive interior also lends itself perfectly to development as an event center, capable of hosting weddings, seminars, or other gatherings. A recently installed roof ensures low-maintenance operation. The property's prime downtown location offers easy access to local attractions such as The Garden Exchange Downtown and Oak Park. This presents a chance to capitalize on multiple income streams, whether through short-term rentals, long-term leases, or event hosting. The blend of historic charm and modern functionality makes this a truly unique opportunity to create a thriving business in the heart of Aurora. The possibilities are vast, from a stylish event venue to a collection of high-end rental units. This property is ready for its next chapter.