For Sale
$374,900

302 Lincoln Dr Troy, MO 63379

Prime Troy location, 2,013 sq ft, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property, located at 302 S Lincoln Dr in Troy, Missouri, presents a compelling investment opportunity. The 2,013 square foot building, classified as Class C, sits on a substantial 30,492 square foot lot and boasts over 200 feet of road frontage. Completely remodeled in 2020, the building currently features one leased space, generating $1,300 in monthly income until 2025, with additional vacant office space available for lease. The C3 zoning allows for a variety of commercial uses, making this property ideal for expanding an existing business, a 1031 exchange, or portfolio diversification. The ample lot size offers significant expansion potential. The asking price is $374,900, translating to $186.24 per square foot. Note that only the building is for sale

Highlights

  • Exceptional mixed-use investment opportunity in Troy, MO.
  • 2,013 SF Class C building on a 30,492 SF lot with over 200' of road frontage.
  • Completely remodeled in 2020; currently generating $1,300/month in lease income (through 2025) with additional vacant space available.
  • C3 zoning allows for diverse commercial uses; ideal for expansion, 1031 exchange, or portfolio addition.
  • $374,900 asking price ($186.24/SF). Building only.

Property Details for 302 Lincoln Dr

Property type
Specialty properties, Mixed-use properties
Square Feet
2,013 SF
Class
C
Buildings
1
Stories
1

Location Insight

City
Troy
County
Lincoln
State
Missouri
Latitude
38.976407361339
Longitude
-90.967927298027

FAQs

What type of property is this?
Specialty property - Prime Troy location, 2,013 sq ft, high potential.
Where is the specialty property located?
The property is located at 302 Lincoln Dr Troy, MO.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Troy, MO.; 2,013 SF Class C building on a 30,492 SF lot with over 200' of road frontage.; Completely remodeled in 2020; currently generating $1,300/month in lease income (through 2025) with additional vacant space available.
How can I contact the broker?
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302 Lincoln Dr
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