1700 Water StClinton, MO 64735

Property Details for 1700 Water St

Year built

1999

Lot size

2.50 AC

Property size (Sq ft)

6,030 SF

Property type

Office properties

APN

13-8.0-34-001-002-001.008

APU

138034001002001008

Description

This exceptional property at 1700 N Water Street, Clinton, MO, presents a unique investment opportunity. Situated on a spacious 2.5-acre lot on the edge of town, this nearly 6700 square foot building offers incredible versatility. Currently featuring a blend of office and residential space, it boasts city water and sewer connections, along with on-site fiber optics provided by Spectrum. The front section comprises a welcoming lobby, office space, and restrooms. Two sizable rooms with hardwood floors provide adaptable space for various business needs. The rear section, previously used as living quarters, includes a well-appointed kitchen, three bedrooms, a full bathroom, a living room, and ample storage. Partial walls are removable, allowing for customization to suit business expansion. A substantial 27' x 54' garage, equipped with a 12' garage door, easily accommodates RVs, boats, or other large equipment. A partially finished upstairs area, complete with a bathroom and two laundry hookups, holds potential for conversion into additional living space or office areas. The property features a large front parking area, yet retains a country feel thanks to mature trees and a lush lawn. This property offers the best of both worlds – convenient town access with the charm of a spacious, private setting. The combination of office and residential space, along with the large garage and additional upstairs potential, makes this a truly unique and adaptable property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,181,646

  6.5%

  $1,090,750

  7%

  $1,012,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $431,326

  Geo Method

  $431,326

• Alternative Use

  Use

  Valuation

  Residential

  $1,352,531

  Hospitality

  $1,238,911

  Educational

  $1,030,759

  Medical

  $1,066,209

  Retail

  $1,603,403

Location Insight

City

Clinton

County

Henry

State

Missouri

Latitude

38.3913

Longitude

-93.7779

Property Tax & Assessments

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