116 Main StPiedmont, MO 63957

  • Commercial real estate
  • 1,800 SF
For Sale
$89,900 View listing

Property Details for 116 Main St

Year built
1920
Lot size
0.06 AC
Property size (Sq ft)
1,800 SF
Property type
Commercial real estate
APN
6-7.0-26-3-9-4.000
APU
67026394000

Description

This exceptional commercial property, located at 116 N Main St, Piedmont, MO, presents a unique investment opportunity. The property comprises two buildings situated on the east side of Main Street, offering excellent visibility and high traffic exposure. Building 116, currently leased to a thriving yogurt business, features a spacious 27x14 front room, a 14x12 storage room, and a half-bath. This tenant-occupied unit provides immediate rental income. Building 114 is currently vacant, presenting a blank canvas for a new business or expansion. This building boasts multiple rooms, including two showrooms (18x22 and 14x10), an office (12x10), and several storage rooms (12x10, 8x11, and two 8x9 rooms), along with a half-bath. Both buildings benefit from city water and sewer connections, as well as central heating and air conditioning. The property's prime Main Street location ensures high visibility and accessibility, making it an ideal investment for a variety of commercial ventures. The seller is highly motivated, presenting a compelling opportunity for a quick and potentially lucrative acquisition. The property is offered at $89,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $470,943
    Hospitality
    $431,381
    Educational
    $358,904
    Medical
    $371,247
    Retail
    $558,295

Location Insight

City
Piedmont
County
Wayne
State
Missouri
Latitude
37.1542
Longitude
-90.6958

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$233
-
-
$5,540
-
-
-
$17,300

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