$472,000
( $66.48Per Sq Foot )
 $2,534 est/mo Sourced by Back At You

118 120 Madison , Aurora, MO 65605

Aurora, MO 65605

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Description

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.

Details

MLS#60275752
Listing TypeFor Sale
Building NameMadison Street Suite
Sub-TypeResale
StatusActive
Year1919
Days On Site78
Listing Provided ByCentury 21 Family Tree | Aaron Hilton

Features

Bath(s)6
SQ Feet7,100
Units4
Acreage0.12
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Southern Missouri Regional MLS.

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Learn More About This Property

StateMO
CountyLawrence
CityAurora
Zip Code65605
Community NameLawrence Not in List
Listing VS Median (in Lawrence Not in List)
Price:
$472,000
low | high
Med:
$242,200
98.686440677966% of Average
SqFt:
7,100
low | high
Med:
1,465
100% of Average
$ / SqFt:
$66
low | high
Med:
$165
98.93547037459% of Average
On Site:
78
low | high
Med:
92.500000
84.324324324324% of Average
Sourced by Back At You
Listing Updated: October 28, 2024 at 11:41:35 AM PDT