211 11th St Lexington, MO 64067-1323
This exceptional commercial property at 211 S 11th Street, Lexington, MO, presents a rare opportunity to own a piece of history. Situated on a 0.64-acre lot, this property features two separate buildings, offering incredible versatility for a wide range of business ventures. Currently operating as an auto repair shop, the property boasts a rich and varied past, having served as a carriage house in the 1880s and later as a bowling alley. The fully fenced property ensures security and privacy. Its location on a historic brick road, one of the few remaining in Lexington, adds significant charm and character. Centrally located in the bustling downtown area, this prime location offers easy access to shops, restaurants, and local attractions. The property's adaptable layout allows for a variety of uses, from continuing its legacy as a workshop to transforming it into a retail space or creating something entirely new. The asking price is $239,000. This is a truly unique opportunity to invest in a thriving downtown Lexington location with a captivating history and immense potential. Don't miss out on this must-see property.
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Eric's Rivertown Garage Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.