314 Ohio Ave Sedalia, MO 65301-4432
- Retail space
- 8,176 SF
- 0.09 lot acres
Current Use by Public Records
- Retail space
Property Details for 314 Ohio Ave
- Year built
- 1890
- Construction
- FRAME
- Lot size
- 0.09 lot acres
- Property size
- 8,176 SF
- Property type
- Retail space
- APN
- 15-2.0-04-1-43-011.000
- APU
- 152004143011000
Description
This exceptional mixed-use property located at 314 S Ohio in Sedalia, Missouri, 65301 presents a unique investment opportunity. Priced at $500,000, this historic building offers a blend of commercial and residential space, creating a lucrative live-work scenario. The main level features two storefronts, currently generating income, providing immediate cash flow. Above the storefronts, the upper level houses three apartments, contributing to the property's overall rental income potential. Two of these apartments are spacious two-bedroom units, recently updated to modern standards, while the third is a conveniently sized studio apartment. The property's location in Sedalia offers easy access to local amenities and transportation. This is a rare chance to acquire a well-established, income-producing property in a desirable location, combining the benefits of commercial and residential real estate in one convenient package. The building's historical character adds to its charm and potential for future appreciation. This is an ideal investment for those seeking a blend of passive income and the potential for active management and further development. The property is classified as industrial and land, with a warehouse and commercial subtype.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sedalia
- County
- Pettis
- State
- Missouri
- Longitude
- -93.2284
- Latitude
- 38.7081
- CBSA code
- 42740
- CBSA name
- SEDALIA, MO MICROPOLITAN STATISTICAL AREA
