513 Reed St Moberly, MO 65270

This exceptional mixed-use property in downtown Moberly, Missouri, presents a unique investment opportunity. Located at 513 W Reed St, this fee-simple owned building boasts 3,404 square feet across two stories, built in 1898. The main level offers approximately 1700 square feet of attractive retail space, featuring handsome tin ceilings, ideal for a variety of businesses. An adjacent vacant lot is included, providing potential for outdoor seating or expansion. Upstairs, a partially finished unit (approximately 70% complete) offers three bedrooms and one bathroom, perfect for an owner/manager or as a lucrative Airbnb rental. This unit requires finishing touches including kitchen installation, some flooring, ceiling trim, and completion of two bedrooms. The bathroom is fully functional, and water is connected. The property sits on a 0.15-acre lot and includes 10 parking spaces. Zoned B3 general business, this location benefits from its position within the Community Improvement District (CID), opening doors to potential grants and state/federal tax credits. The asking price is $158,700. The seller is highly motivated.