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Property profile

322 Ctr St Hannibal, MO 63401

OFF-MARKET
Commercial real estate
Property ID
US48-1776183
690 SF 0.04 ac lot Built 1917
Individually Owned 8-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional investment opportunity presents a recently renovated 690-square-foot commercial property situated on a 0.04-acre lot at 322 Center Street in Hannibal, Missouri, zip code 63401. Currently operating as a thriving barber shop, this versatile space offers significant potential for a variety of uses, including office space, an Airbnb, a tattoo parlor, or an art studio. The property's prime location near Central Park and the historic downtown area provides excellent visibility and accessibility. Convenient features include private parking and a separate entrance, enhancing both functionality and appeal. The building's recent renovations, completed within the last three years, ensure a move-in ready condition. The property consists of a single unit and offers an additional opportunity for expansion. The second floor presents the possibility of conversion into a spacious bedroom, adding further value and versatility. This property is listed at $150,000 and represents a compelling investment opportunity in a desirable location. The property's address is 322 Center St, Hannibal, MO 63401.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1917
Total area 690 SF
Lot 0.04 ac (1,736 SF)
APN 010.08.28.2.16.010.000
UPID US48-1776183

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$155k

Owner & transaction history

since 2018
3 recorded transactions
2025
Price N/A
2018
$25,000
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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