$399,500

1406 E Hwy 72

Rolla MO, 65401

Description

Great investment opportunity directly on Hwy 72! This nice all brick building has been well maintained and had a new roof installed in 2017 and also has a newer HVAC system. It offers a large lot that is just under an acre, plenty of parking, handicap accessible covered sidewalk and a graveled lot in the back for additional parking. The main level consists of 3 nice size office spaces which are occupied with the exception of one. The lower level has two 2 bed, 1 bath rental units that have a consistent rental history and are also currently occupied. The 1406/1408 unit (currently Hoertel Law) has 2 HVAC units along with 2 separate entrances making it possible to split this unit into two suites giving you an additional commercial space to lease. This is a great investment property with lots of possibilities!

Details

MLS#20042043
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1989
Days On Site118

Features

SQ Feet7,538
Story(s)1
ZoningC-1

Market Activity 65401

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Area Information
StateMO
CountyPhelps
CityRolla
Zip Code65401
AreaRolla
Listing VS Median (in 65401)
Price:
$399,500
low | high
Med:
$150,000
100% of Average
SqFt:
7,538
low | high
Med:
0
100% of Average
$ / SqFt:
$53
low | high
Med:
$0
100% of Average
On Site:
118
low | high
Med:
266
44.360902255639% of Average
Listing Updated: 10/21/2020
Michael Woessner LogoMLS Number: 20042043
Listing Provided By:
Michael Woessner  of  Investment Realty Inc