513 Reed St Moberly, MO 65270

This exceptional Moberly, MO property offers a unique blend of commercial and residential space, perfect for a savvy investor or owner-operator. The main level boasts 1700 square feet of retail space, featuring attractive tin ceilings and a flexible floor plan suitable for a variety of businesses. The space's versatility allows for customization to meet diverse operational needs. An adjacent vacant 0.15-acre lot is included in the sale, presenting an excellent opportunity to expand the business footprint, perhaps creating a patio or outdoor seating area. Upstairs, a partially finished apartment offers approximately 1704 square feet (3404 total sqft - 1700 sqft) of living space, potentially providing a 3-bedroom, 1-bathroom unit. The bathroom is fully functional and equipped with heating and air conditioning. Completion requires the addition of a kitchen, some flooring, ceiling trim, and finishing of two front bedrooms. This presents a significant opportunity for value enhancement. Furthermore, the property qualifies for grants to improve the front windows and façade, and potential state and federal tax credits are available, adding further financial incentives. The asking price for this combined commercial and residential property is $158,700. The motivated seller makes this an attractive investment opportunity.