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    OFF-MARKET
    Commercial real estate

    322 Ctr St, Hannibal, MO 63401-3532

    690 SF 0.04 ac lot Built 1917
    Individually Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US48-1776183
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Joseph Wehelan · 8 yrs held
    Joseph Wehelan
    since 2018
    3 recorded transactions
    2025
    2018
    $25,000
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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