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Kevin Grooms

kevintgrooms@gmail.com +1(417) 280-6571

$ 289,900

Est. payment | -/mo

2 Baths

0.82 Acres Lot

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$ 289,900

Est. payment | -/mo

Save

2 Baths

0.82 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

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 Other

Source somo

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

Area 1600

Direction From Bolivar quare, Broadway to Clark, left onto clark, Left onto Madison

Interior

Cooling Window Unit(s)

Fireplace No

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

Building

Lot Description Level

Listed by Robert M Partin Partin Roweton, LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(417) 280-6571

kevintgrooms@gmail.com

PO BOX 92, Thayer, Missouri, 65791, USA

322 W Madison ST Bolivar, MO 65613

Kevin Grooms

Key Details

Location

Interior

Exterior

Building

Nearby Locations

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322 W Madison ST