322 Ctr St, Hannibal, MO 63401-3532
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.