For Sale
$99,900

21&22 Ct Sq Alton, MO 65606

Downtown Alton, Two Rentable Units, High Return Potential

Overview

Added:
Feb 3
Days on market:
77
This exceptional investment opportunity presents two adjoining retail units located in the heart of Alton, Missouri, directly across from the Oregon County courthouse. The property boasts a combined 3,001 square feet situated on a 0.18-acre lot. Unit #21, spanning 1,426 square feet, underwent a complete renovation in 2022. This includes a new 200-amp electrical service, a modern bathroom, a durable new EPDM rubber roof, and efficient mini-split heating and air conditioning. Currently leased and generating income, this unit is move-in ready. Unit #22, measuring 1,575 square feet, also received significant upgrades in 2022, featuring new window air conditioning and heating units, freshly painted concrete floors, and sheetrock walls. While the bathroom has undergone partial upgrades, the unit is ready for immediate occupancy. Both units have historically served as retail spaces, but their versatile layouts offer a wide range of possibilities, including office space, cafes, bakeries, or coffee shops. The prime downtown location and strong potential for rental income make this a compelling investment opportunity with significant upside. The property is priced at $99,900, offering a rare chance to acquire a well-maintained, income-producing property in a desirable location.

Property Details for 21&22 Ct Sq

Property type
Retail properties
Square Feet
3,001 SF
Year Built
1910
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Alton
County
Oregon
State
Missouri
Latitude
36.69475
Longitude
-91.39814
21&22 Ct Sq, Alton, Missouri

FAQs

What type of property is this?
Retail property - Downtown Alton, Two Rentable Units, High Return Potential
Where is the retail property located?
The property is located at 21&22 Ct Sq Alton, MO.
What is the asking price?
The asking price for this property is $99,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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21&22 Ct Sq
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