Listed by Century 21 Broughton Team
$239,000
302-304 Broadway
Details
Property Type Retail
Sub Type Storefront
Square Footage 11,592
Net Rentable (SqFt) 7,728
Cap Rate 7.60%
Occupancy 33%
Tenancy Single
Lease Type Net
Remaining Term 3
Acreage 0.126
Ownership Private
Updated downtown 3 Story building with tenant in place generating income day one!
Marketing description
Downtown opportunity with immediate income! This attractive 3-story commercial building is located on bustling Broadway, offering high visibility & a prime spot in Hannibal’s growing downtown district. The exterior received a fresh facelift & offers a full-length, street-facing display window which draws in foot traffic & enhances curb appeal for all of downtown to see! The main level has been extensively renovated, featuring all new flooring, modern bathrooms, & an updated kitchen area; this floor is currently leased at $1,500/month, providing immediate ROI. The 2nd floor offers wide open space with a unique layout, beautiful views of the downtown area, & opportunity to craft it into whatever you see best fit! A secondary front entrance allows direct access to the upper levels without disrupting the 1st floor space, ideal for multi-tenant configurations or private office access. The 3rd floor offers space for storage & a 594sqft concrete loading dock can be purchased upon request!
Listing Contacts
Listed by Century 21 Broughton Team
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