Discover a vibrant commercial opportunity nestled in the heart of Aurora at this historic property boasting exceptional potential. Available for sale, this venue presents a sweeping 7,100 square feet of versatile space across 2 buildings built in 1919, blending the charm of yesteryear with modern functionality. This splendid property welcomes you with four beautifully furnished apartments that cater perfectly to short-term rental ventures like Air BnB or long-term residential leasing. Each apartment is thoughtfully designed to ensure comfort and style. The space is also an ideal fit for developing an event center that could host a variety of gatherings, from elegant weddings to professional seminars. Noteworthy features include a recently installed roof, ensuring practical upkeep. The expansive interiors comprise inviting studio apartments, each equipped with large walking showers, enhancing the experience with a touch of luxury provided by sumptuous Jacuzzis. The strategic location further elevates the property's appeal. Situated within Aurora's vibrant downtown area, future patrons or residents can explore local treasures like The Garden Exchange Downtown and enjoy leisurely afternoons at Oak Park. This property is not only a treasure trove of historic aesthetics but also a beacon of potential for generating multiple income streams. Whether your vision includes revitalizing it as a swank hotspot for special occasions, housing bustling rental income properties, or a cozy yet chic series of Air BnB spots - the possibilities are merely as limited as your imagination, certainly something to muse about(!) The rich features, coupled with its prime location, make this an unmatched opportunity in Aurora - a canvas awaiting your entrepreneurial brushstrokes. We invite you to realize its potential and sculpt a prosperous future within its historic walls.
MLS# | 60275752 |
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Listing Type | For Sale |
Building Name | Madison Street Suite |
Sub-Type | Resale |
Status | Active |
Year | 1919 |
Days On Site | 78 |
Listing Provided By | Century 21 Family Tree | Aaron Hilton |
Bath(s) | 6 |
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SQ Feet | 7,100 |
Units | 4 |
Acreage | 0.12 |
State | MO |
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County | Lawrence |
City | Aurora |
Zip Code | 65605 |
Community Name | Lawrence Not in List |
Listing VS Median (in Lawrence Not in List) | |
Price: $472,000 low | high Med: $242,200 SqFt: 7,100 low | high Med: 1,465 $ / SqFt: $66 low | high Med: $165 On Site: 78 low | high Med: 92.500000 |