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118 120 Madison

Aurora, MO 65605
  • $472,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 60275752
UPDATED: 46 min ago
$472,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,100
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1919
County:
Area:

School Ratings & Info

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.

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[Southern Missouri Regional MLS] logo The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Winans-Lee Team | Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2024 Southern Missouri Regional MLS, LLC. All rights reserved. Data last updated: 2024-10-14T19:50:55.393.

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118 120 Madison Aurora, MO 65605

  • Price: $472,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 46 min ago
  • MLS #: 60275752
0
Beds
0
Baths
0
½ Baths
0.12
Acres
7,100
SQFT
$66
$/SQFT
1919
Built
Neighborhood:
Lawrence-Not in List
County:
Lawrence
Area:
Aurora
Property 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.
Exterior Features

Lake River None Lot Dimensions 58X90 Parking Type 1-5 SpacesOn Street Primary Street Access Madison Waterfront View None

Interior Features

Restrooms 6.00 Sq Ft Office Space 0.00 Sq Ft Retail Space 0.00 Sq Ft Vacant 4500.00

Property Features

Business Name Madison Street Suite Business Type ApartmentsOther-See Remarks Construction Status Planned Foreclosure Short Sale No Inside City Limits Yes Miscellaneous Delivery Door(s)Fixtures/FurnitureJetted TubLiving Area in BuildingPrivate RestroomsSmoke Detectors Property Name Madison Street Suites Property Sub Type Hospitality Real Estate Tax 3435.19 Real Estate Tax Provided By Assessor Records Tax Year 2023

[Southern Missouri Regional MLS] logo Listing provided courtesy of Century 21 Family Tree: (417) 678-2121. © 2024 Southern Missouri Regional MLS. All rights reserved.


[Southern Missouri Regional MLS] logo The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Winans-Lee Team | Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2024 Southern Missouri Regional MLS, LLC. All rights reserved. Data last updated: 2024-10-14T19:50:55.393.

Click here for Digital Millennium Copyright Act
 
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