400 Maple AveMountain Grove, MO 65711

  • Sports & entertainment properties
  • 4,730 SF
For Sale
$355,000 View listing

Property Details for 400 Maple Ave

Year built
1900
Lot size
0.23 AC
Property size (Sq ft)
4,730 SF
Property type
Sports & entertainment properties
APN
21-2.0-09-2-005-005.00
APU
212009200500500

Description

This 1893 three-story building, located at 400 N Maple Ave in Mountain Grove, Missouri (zip code 65711, APN 21-2.0-09-2-005-005.00), offers 18,832 square feet of space on a 9,750 square foot lot. Currently zoned R3, it's ideal for multifamily use. The property features a full basement and boasts a rich history as a prominent landmark in the town's center. A structural engineer's report confirms the building's integrity, making it a prime candidate for renovation. The building's mixed-use nature, encompassing apartment building, storefront, and traditional office subtypes, presents a versatile investment opportunity. This value-add property is priced at $355,000 and presents a unique chance to revitalize a historic structure in a thriving Missouri community. The building's solid foundation and central location make it an attractive prospect for developers seeking a substantial renovation project with significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,281,894
    Hospitality
    $1,174,208
    Educational
    $976,928
    Medical
    $1,010,526
    Retail
    $1,519,665
400 Maple Ave, Mountain Grove, Missouri

Location Insight

City
Mountain Grove
County
Wright
State
Missouri
Latitude
37.1321
Longitude
-92.2648

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