For Sale
$750,000

201 3Rd St Hannibal, MO 63401

Prime Downtown Location, High Visibility

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional investment opportunity presents two interconnected commercial buildings situated in Hannibal, Missouri's historic district at 201 N Third Street and 308 Center Street. The main building, a three-story structure, and its adjacent companion building offer a combined total of significant square footage (including 2300 square feet in the secondary building). Both buildings are listed on the historic registry, showcasing a beautiful brick facade and classic architectural details. Currently, all twelve offices are under lease, providing immediate and consistent income. The property boasts a versatile layout ideal for a variety of professional services, benefiting from the high visibility and foot traffic of Hannibal's bustling downtown area, with its convenient access to dining and shopping options. Recent upgrades include a new HVAC system, updated electrical systems, and a new roof. The elevator system is maintained under a regular service agreement. Additional features include ample storage space, private restrooms on each floor, and well-maintained common areas. The 0.43-acre lot provides ample space for the buildings and potential future expansion. This is a unique chance to acquire a piece of Hannibal's rich history and a thriving commercial property with strong rental income. The property is offered at $750,000.

Property Details for 201 3Rd St

Property type
Commercial real estate
Year Built
1885
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Hannibal
County
Marion
State
Missouri
Latitude
39.71009
Longitude
-91.35781

FAQs

What type of property is this?
Commercial real estate - Prime Downtown Location, High Visibility
Where is the commercial real estate located?
The property is located at 201 3Rd St Hannibal, MO.
What is the asking price?
The asking price for this property is $750,000.
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201 3Rd St
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