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Listed by Robert M Partin Partin Roweton, LLC
$ 289,900
Est. payment /mo
New
322 W Madison Street Bolivar, MO 65613
2 Baths
1,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Sale
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $181
MLS Listing ID SOM60322844
Full Baths 2
Year Built 1991
Annual Tax Amount $1,384
Tax Year 2025
Lot Size 0.820 Acres
Acres 0.82
Property Sub-Type Commercial Sale
Property Description
This versatile investment property offers immediate income and long-term upside, all tucked into a quiet residential setting near Cribbs Park and local school. The property features a mixed-use complex that includes a duplex, a commercial warehouse, and 24 storage units, generating multiple revenue streams from day one.Currently, the duplex, warehouse, and storage units are all leased, with storage running at approximately 90% occupancy. This strong in-place income allows the property to cash flow immediately upon purchase, making it an attractive option for both seasoned investors and those looking to step into a stabilized asset.Beyond the existing performance, there is clear value-add potential. Increase rents to market rates, expand the storage footprint with additional units, or reposition the property entirely to fit a new business model. The flexible layout and location within a growing residential area provide multiple paths to maximize returns.storage unit sizes #1 Bldg6-10x286- 8x10#2 Bldg7- 8x101- 8x84- 10x10If you're looking for a property that combines stability, cash flow, and upside, this one checks all the boxes.
Location
State MO
County Polk
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Parking Features Gravel, Shared Driveway, Private, Parking Area, 1-5 Spaces
Utilities Available Sewer Available, Electricity Available, Water Available
Waterfront Description None
Roof Type Composition,Metal
Garage No
Tracey Lightfoot
Broker / Partner | License ID: 2013014900
+1(417) 251-1946 | traceysellsbranson@gmail.com