404 School St Waynesville, MO 65583
- Multifamily properties
- 0.86 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 404 School St
- Year built
- 1941
- Lot size
- 0.86 lot acres
- Property type
- Multifamily properties
Description
This exceptional investment property, situated on a desirable 0.86-acre corner lot in Waynesville, MO, presents a unique opportunity for redevelopment. The substantial 22,480 square foot brick and concrete building boasts a solid foundation and ample space, previously housing 20 one-bedroom units, 7 two-bedroom units, and 5 additional rooms. Currently undergoing a complete interior gutting, the property offers a clean slate for ambitious investors and developers. The extensive square footage, combined with a large basement, allows for versatile repurposing. Transform this property into modern apartments, stylish office spaces, or a dynamic mixed-use development, catering to the growing needs of the Waynesville community. Its prime location, just a short distance from local parks, entertainment venues, and the vibrant downtown area, ensures high visibility and accessibility. This is a rare chance to acquire a substantial property with significant potential for substantial returns. The existing structure provides a strong base for a creative vision, making this an unparalleled investment opportunity in a thriving Missouri town. The property's size and location make it ideal for a variety of uses, promising a strong return on investment. Don't miss this chance to shape the future of this prime Waynesville location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waynesville
- County
- Pulaski
- State
- Missouri
- Longitude
- -92.19992
- Latitude
- 37.83027
