1700 Water St Clinton, MO 64735-1355
This exceptional property at 1700 N Water Street, Clinton, MO, presents a unique investment opportunity. Situated on a spacious 2.5-acre lot on the edge of town, this nearly 6700 square foot building offers incredible versatility. Currently featuring a blend of office and residential space, it boasts city water and sewer connections, along with on-site fiber optics provided by Spectrum. The front section comprises a welcoming lobby, office space, and restrooms. Two sizable rooms with hardwood floors provide adaptable space for various business needs. The rear section, previously used as living quarters, includes a well-appointed kitchen, three bedrooms, a full bathroom, a living room, and ample storage. Partial walls are removable, allowing for customization to suit business expansion. A substantial 27' x 54' garage, equipped with a 12' garage door, easily accommodates RVs, boats, or other large equipment. A partially finished upstairs area, complete with a bathroom and two laundry hookups, holds potential for conversion into additional living space or office areas. The property features a large front parking area, yet retains a country feel thanks to mature trees and a lush lawn. This property offers the best of both worlds – convenient town access with the charm of a spacious, private setting. The combination of office and residential space, along with the large garage and additional upstairs potential, makes this a truly unique and adaptable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.