$109,000

747 S Adams Ave

Lebanon MO, 65536

Description

LOCATION! LOCATION! LOCATION! This commercial building offers endless possibilities with the potential of generating 3 separate rental income streams. The main level has 2 entries & has most recently been used as a hair salon on one side & a quilting shop on the other. The dividing hallway between the 2 is currently open, but could easily be closed off again or even enlarged to allow for a more open concept single office space. Downstairs is currently set up as living space with a full bathroom, kitchen, bedroom space & living room...providing the perfect space for that business owner wanting to work upstairs & live downstairs. Or, with it's private side entrance, it could be utilized as a counseling office, studio, or just about any business needing a more intimate space for clients or work. Private parking lot & GREAT visibility from ALDI's. Previous rental agreements on the 3 spaces has generated $1100 per month - so from an investment standpoint - this property is a win win!

Details

MLS#21000316
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1945
Days On Site9

Features

SQ Feet1,560
Story(s)1
ZoningCOMMERCIAL

Market Activity 65536

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Area Information
StateMO
CountyLaclede
CityLebanon
Zip Code65536
AreaLebanon
Listing VS Median (in 65536)
Price:
$109,000
low | high
Med:
$164,900
2% of Average
SqFt:
1,560
low | high
Med:
1,599
47.5% of Average
$ / SqFt:
$70
low | high
Med:
$103
2.405459834414% of Average
On Site:
9
low | high
Med:
3
100% of Average
Listing Updated: January 15, 2021 8:01:07 PM PST
Merry Anne Rutledge LogoMLS Number: 21000316
Listing Provided By:
Merry Anne Rutledge  of  Premier Property Group
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the St. Louis Association of REALTORS.