421 Main St Troy, MO 63379-1248

Property Details for 421 Main St

Year built

1925

Lot size

0.07 lot acres

Property size

1,920 SF

Property type

Investment properties

Property subtype

Live-work space

APN

15-70-26-004-021-002.000

APU

157026004021002000

Description

This exceptional commercial property, located at 421 Main Street in historic Troy, Missouri, presents a unique investment opportunity. The beautifully renovated building, situated on a 0.07-acre lot, offers 400,000 USD in value. Currently configured as a single commercial space, its adaptable design allows for easy conversion back into two separate units, maximizing rental income potential or providing space for expansion. The property boasts a wealth of modern upgrades while retaining its historic charm. Recent renovations include new flooring, upgraded electrical systems, a completely new ductwork system, elegant crown molding, and updated lighting fixtures. Two storefront windows, enhanced by new awnings, provide excellent street visibility. The interior features a custom-built cash wrap, ample shelving, mirrors, two dressing rooms, and stunning chandeliers. One side includes a full bathroom and a sizable rear area suitable for storage or a dining space. The other side offers a half-bathroom and a small kitchen area. A spacious upstairs area presents the possibility of creating a loft apartment or additional office space. The property also includes the convenience of private parking in the rear for owners or tenants. With all major renovations already completed, this turnkey property is ready for immediate occupancy and offers significant return on investment. This is a rare chance to acquire a meticulously updated commercial space in a desirable historic location.

Location Insight

City

Troy

County

Lincoln

State

Missouri

Longitude

-90.9814

Latitude

38.9792

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments