201 N Third ST Active

Hannibal,MO 63401

$ 699000

- Bed

0 Bath

13824 SqFt


Key Details

Property Type Commercial

Sub Type Commercial & Indr.

Listing Status Active

Purchase Type For Sale

Square Footage 13,824 sqft

Price per Sqft $50

Subdivision Hannibal Historic District

MLS Listing ID 25001322

Year Built 1885

Building Age 140

Lot Size 0.427 Acres

Property Sub-Type Commercial & Indr.

Property Description

Nestled in the heart of Hannibal's vibrant historic district, this stunning three-story office building at 201 N Third and the accompanying building at 308 Center (bonus Sq Ft of 2300), is a rare gem offering charm and functionality. These buildings on the historic registry, boasting a timeless brick facade and classic architectural details, are suited for businesses seeking a prestigious and unique setting.

The spacious layout and 12 offices throughout are all under current leases, with a cap rate of 6.5. This versatile setting allows for a mix of professional services. The prime location offers dining, shopping, high visibility and easy access in Hannibal's bustling downtown district. The HVAC, electrical systems and roof have all been updated. There is a regular service agreement in place for the elevator system.
This building also includes ample storage, private restrooms on each floor and common areas. Seize this opportunity to own a piece of Hannibal's history today!

Location

State MO

County Marion

Area Hannibal

Zoning E commercial

Interior

Heating Forced Air

Cooling Electric

Exterior

Utilities Available Cable Available,Electricity Available,Gas to Site,Water Available,Sewer Available,Phone Available

Building

Sewer Public Sewer

Water Public

Structure Type Conventional

Others

Acceptable Financing Cash Only,Conventional

Listing Terms Cash Only,Conventional

Special Listing Condition Renovated,None

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