701 West Main Street
Greenwood, MO 64034
- 3 beds
- 2.5 baths
- 3,407 sqft
- ~3/4 acre lot
- $111 per sqft
- 1925 build
- – on site
Investment opportunities abound at 701 West Main in Greenwood, Missouri. This property, located on a corner lot, boasts a two-story building with stunning architecture, high ceilings, original wood doors and moldings, an original fireplace, and beautiful hardwood floors with intricate insets. The property also includes a large lot, a four-car garage, and ample parking for both tenants and customers.What makes this property truly unique is the additional income potential from the rental property located next to the main building. This extra source of revenue can help offset expenses and increase overall profitability for investors. Furthermore, the proximity to Lake Winnebago and Lee's Summit provides additional appeal for potential tenants and customers, making it an attractive location for businesses looking to establish a presence in the area.The commercial aspect of this property presents a variety of investment opportunities for savvy investors. The prime location and high visibility of the property make it an ideal spot for businesses looking to attract customers and drive revenue. With the growing population and economic development in the area, there is a high demand for commercial space, making this property a valuable asset for any investor looking to capitalize on the thriving market.On the other hand, the residential aspect of this property also presents lucrative opportunities for investors. The historic charm and unique features of the building, coupled with the spacious layout and ample parking, make it an attractive option for potential tenants looking for a place to call home. The rental property next door provides additional income potential, making it a sound investment for investors looking to diversify their portfolio.701 West Main in Greenwood, Missouri, offers a wealth of investment opportunities for both commercial and residential investors.
Listing courtesy of SOMO / Highland Realty
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Last updated Apr 8, 2024
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MLS# 60264849 —
Monthly cost estimate
Asking price
$380,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,034
|
Taxes | $425 |
Insurance | $104 |
Utilities | $242 See report |
Total | $2,805/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/3/24
Apr 3, 2024
|
Listed / Active | SOMO | $380,000 |