Basics
- Date added: Added 3 days ago
- Category: Commercial Sale
- Type: Commercial
- Status: Active
- Bathrooms: 5
- County: Newton
- Business Type: Historical, Professional Service
- MLS ID: 263247
Description
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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.
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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.
Location
- Directions: Neosho downtown square Building at the corner of Washington and Main Street
Building Details
- Building Area Total: 7000 sq ft
- Roof: Rolled/Hot Mop
- Fencing: None
- LotSizeDimensions: 130x22
- Basement: Unfinished
Amenities & Features
- Flooring: Carpet, Ceramic, Laminate
- Heating: Central
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Courtesy of
- List Office Name: KELLER WILLIAMS REALTY ELEVATE