304 Locust St Hillsboro, MO 63050

Property Details for 304 Locust St

Year built

1999

Lot size

0.25 lot acres

Zone code

CT1

Property type

Office Properties & Spaces

APN

17-2.0-03.0-1-003-005.

APU

17200301003005

Description

This exceptional commercial investment property, located at 304 Locust Street in Hillsboro, Missouri, presents a compelling opportunity for savvy investors. The property sits on a 0.25-acre lot and encompasses approximately 7440 square feet, currently fully leased to three distinct tenants. The building boasts a diverse tenant mix, including a probation agency, a church, and a gym, ensuring a stable and diversified income stream. The probation agency occupies the top level, featuring multiple private offices, a waiting area, a conference/training room, three half-bathrooms, a break room, and storage space. The church is located on the middle lower level and includes a large meeting room, waiting area, several offices, a break room, and two half-bathrooms. The gym, situated in the corner lower level unit, offers two large open areas and one half-bathroom. Recent significant upgrades enhance the property's value and appeal, including new windows, a new HVAC unit, a roof less than five years old, and fresh exterior paint. The building enjoys a convenient Hillsboro location with ample street parking and proximity to local restaurants. All tenants are under current leases, providing immediate cash flow. Note that the square footage is approximate

Location Insight

City

Hillsboro

County

Jefferson

State

Missouri

Longitude

-90.5633

Latitude

38.2326

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments