208 E Main Street, Neosho, MO 64850

$579,900
4
BA
7,000
SqFt

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List Price
$579,900
Days on Market
105
Status
ACTIVE
MLS#
263247
Bathrooms
4
Living Area
7,000
Lot Size (Acres)
0.09

Property Description

Prime corner mixed-use building in Historic Downtown Neosho featuring approximately 7,000 square feet of total space. Current income-producing property generating approximately $34,500 annually (5.95% gross return at asking price). With full utilization of the upscale residential unit (because owner currently resides in the space) and additional 500 sf available lower-level space, the property offers potential annual income of approximately $68,100, representing an estimated 11.74% gross return. The property includes an upscale; 3-bedroom, 2.5-bath residence of approximately 3,500 square feet, professionally renovated office space completed in 2022, basement storage, and a one-car garage. Office layout includes reception area, conference space, two private offices, kitchen, break room, and restroom. Exposed brick walls and historic character blend seamlessly with modern updates. An additional 500 sf on main level with private street access, great for business office, nightly rental or retail space. An exceptional opportunity for owner-users, investors, or professionals seeking a live-work environment in a highly visible downtown location. Photos of interior residence on upper level available upon request. Owner/Agent.

Additional Information

Area
13 - Neosho Area
Taxes
$3,452
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Central
Cooling
Central Air, Ceiling Fan(s)
Roof
Rolled/Hot Mop

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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY ELEVATE.