24300 Highway 5, Milan, MO 63556
- $425,000
- 4,480
- SqFt
- List Price
- $425,000
- Status
- ACTIVE
- Days on Market
- 35
- MLS#
- 46827
- Subtype
- Commercial Sale
- Year Built
- 1978
- Living Area
- 4,480
- Lot Size
- 130,680
- Acres
- 3
Property Description
Investors, take note! This exceptional income-producing property features a 9-unit, 4,480 sq. ft. building with the potential to generate over $5,600 per month at full occupancy. Situated on 3 acres just south of town with highway frontage, this property offers excellent visibility and easy access. Also included is a 42' x 72' outbuilding with a concrete floor and the potential for electrical service, providing endless possibilities for storage, a workshop, or future expansion. Numerous updates have been completed in recent years, including a new metal roof and metal siding, helping reduce future maintenance costs. Whether you're looking to expand your investment portfolio or purchase a property with strong income potential and room for growth, this opportunity you won't want to miss.
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Additional Information
- Taxes
- $1,261
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Heating
- Forced Electric, Mini-Split
- Air Conditioning
- Mini-Split
- Stories
- 2
- Roof
- Asphalt, Metal
- School District
- Milan C-II
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Listing courtesy of North MO Realty LLC.